Why is Jagsonpal Fin. falling/rising?
As of 23-Oct, Jagsonpal Finance & Leasing Ltd's stock price is rising to Rs 82.00, with a recent increase of 1.95% and a notable 48.77% rise over the past month, despite a year-to-date decline of 29.52%. The stock is currently trading above its moving averages, indicating a bullish trend, although delivery volume has significantly dropped.
As of 23-Oct, Jagsonpal Finance & Leasing Ltd's stock price is rising, currently at Rs 82.00, reflecting an increase of Rs 1.57 or 1.95%. The stock has shown strong performance recently, with a 9.36% increase over the past week and an impressive 48.77% rise over the past month. Today's trading saw the stock reach an intraday high of Rs 83, although it also dipped to a low of Rs 77. Despite a significant drop in delivery volume, which fell by 88.36% against the 5-day average, the stock is trading above its moving averages across various time frames, indicating a bullish trend. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Jagsonpal Finance has outperformed the benchmark Sensex, which has only increased by 1.30% over the past week. The stock's strong performance over the last month, with a 48.77% rise compared to the Sensex's 2.99%, highlights its relative strength in the market. However, the year-to-date performance shows a decline of 29.52% for Jagsonpal Finance, contrasting with the Sensex's gain of 8.21%, suggesting that while the stock is currently experiencing a rise, it has faced significant challenges throughout the year.
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