Why is Jaihind Synth falling/rising?

Aug 04 2025 09:00 PM IST
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As of 04-Aug, Jaihind Synthetics Ltd is priced at Rs 65.00, showing a recent trend reversal and a decline in investor participation. Despite strong long-term returns, recent performance has been mixed, with a notable drop in delivery volume indicating waning investor confidence.
As of 04-Aug, Jaihind Synthetics Ltd is currently priced at Rs 65.00, reflecting a decrease of Rs 0.4 or 0.61%. The stock has recently experienced a trend reversal, falling after two consecutive days of gains. It is currently trading 4% away from its 52-week high of Rs 67.6. Over the past week, the stock has outperformed the benchmark Sensex, gaining 4.84% compared to the Sensex's 0.16% increase. However, in the last month, it has underperformed, with a decline of 1.66% against the Sensex's drop of 2.89%. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 50.91% compared to the 5-day average, indicating a potential lack of interest from investors.

Broader market context shows that while Jaihind Synthetics has had impressive long-term returns, including a 132.97% increase over the past year and a staggering 2180.70% over the past five years, its recent performance has been mixed. The stock's short-term performance has been stronger than the benchmark in the past week, but the decline in delivery volume suggests that investor confidence may be waning. This combination of strong historical performance and recent underperformance relative to the sector could be contributing to the current price decline.
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