Why is Jagjanani Text. falling/rising?
As of 24-Sep, Jagjanani Textiles Ltd's stock price is 5.72, down 6.99%, and has underperformed significantly against its sector and the Sensex. The stock has declined 59.00% year-to-date, with a notable drop in delivery volume and no clear factors influencing its recent performance.
As of 24-Sep, Jagjanani Textiles Ltd is experiencing a decline in its stock price, currently at 5.72, which reflects a decrease of 0.43 or 6.99%. The stock has been underperforming, with a performance today that is 6.56% lower than its sector. It has been on a downward trend for the last two days, accumulating a total decline of 7.59%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also seen a significant drop, falling by 86.71% compared to the 5-day average, indicating a decrease in investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Jagjanani Textiles Ltd has underperformed relative to the Sensex, with a 1-week return of -6.08% compared to the benchmark's -1.18%. Over the past month, the stock has seen a substantial decline of 38.89%, while the Sensex has gained 0.50%. Year-to-date, the stock is down 59.00%, contrasting sharply with the Sensex's increase of 4.58%. This significant underperformance highlights the challenges faced by Jagjanani Textiles Ltd in the current market environment.
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