Why is Jaihind Synth falling/rising?

Sep 01 2025 09:03 PM IST
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As of 01-September, Jaihind Synthetics Ltd's stock price is Rs 59.19, down 5.3%, and has underperformed its sector by 7.82%. Despite recent declines, it has a year-to-date increase of 23.31%, outperforming the Sensex's 2.85% gain.
As of 01-September, Jaihind Synthetics Ltd is experiencing a decline in its stock price, currently at Rs 59.19, which reflects a decrease of Rs 3.31 or 5.3%. The stock opened with a loss of 5.3% today and has since traded at this price without any range. In terms of performance, the stock has underperformed its sector by 7.82%. Over the past week, it has seen a slight decline of 0.69%, and over the past month, it has dropped by 9.50%. However, on a year-to-date basis, the stock has shown a significant increase of 23.31%, and it has performed exceptionally well over the past year with a return of 111.62%. The stock is currently trading higher than its 200-day moving average but lower than its shorter-term moving averages, indicating mixed momentum. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

In the broader market context, the Sensex has declined by 1.56% over the past week and only slightly by 0.29% over the past month, suggesting that the market is facing some headwinds. Despite Jaihind Synthetics Ltd's recent struggles, its year-to-date performance of 23.31% significantly outpaces the Sensex's 2.85% gain. This indicates that while the stock is currently facing a downturn, it has had a strong performance relative to the broader market over a longer time frame. The recent rise in investor participation, with a delivery volume increase of 1174.62% against the 5-day average, may suggest underlying interest in the stock, although this has not translated into positive price movement today.
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