Why is Jagsonpal Fin. falling/rising?
As of 20-Jun, Jagsonpal Finance & Leasing Ltd's stock price is Rs 49.08, down 2.0% and has lost 11.38% over the last six days. Despite a significant increase in delivery volume, the stock has consistently underperformed against market averages and is down 23.16% over the past month.
As of 20-Jun, Jagsonpal Finance & Leasing Ltd is experiencing a decline in its stock price, currently at Rs 49.08, which represents a decrease of 1.0 (-2.0%). The stock has been underperforming, having lost 11.38% over the last six days, and it opened today with a loss of 2%. It has consistently traded below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there has been a significant increase in delivery volume, rising by 304.32% against the 5-day average, the overall performance remains negative, with the stock down 23.16% over the past month and 57.81% year-to-date.In the broader market context, the Sensex has shown resilience, gaining 1.59% over the past week and 1.50% over the past month, contrasting sharply with Jagsonpal's significant declines. This stark difference highlights the stock's underperformance relative to the benchmark index. Despite the stock's impressive long-term returns, including a 541.57% increase over the past year, the recent short-term trends indicate a troubling decline that is not aligned with the overall market performance.
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