Why is Jai Mata Glass falling/rising?

Sep 24 2025 10:58 PM IST
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As of 24-Sep, Jai Mata Glass Ltd is priced at 2.15, down 1.83% and has declined 6.93% over the past month, underperforming its sector and the benchmark Sensex. Despite increased investor participation, the stock is trading below all major moving averages, indicating a bearish trend.
As of 24-Sep, Jai Mata Glass Ltd is currently priced at 2.15, reflecting a decrease of 0.04, or 1.83%. The stock has been underperforming, having lost value for the last four consecutive days, resulting in a 6.93% decline over the past month. It is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a notable increase in investor participation, with delivery volume rising by 33.19% against the 5-day average, the stock's performance today has underperformed its sector by 5.54%. There are no positive or negative factors provided to further explain the stock's recent movement.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.50% over the past month, Jai Mata Glass has seen a significant decline of 6.93%. This underperformance is further highlighted by its year-to-date return of -29.28% against the Sensex's positive return of 4.58%. The broader market context suggests that while the glass sector has gained by 3.32%, Jai Mata Glass is struggling to keep pace, contributing to its downward price movement.
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