Why is Jaihind Synth falling/rising?
As of 06-Oct, Jaihind Synthetics Ltd is facing a decline in stock price, currently at 47.50, down 0.31%. The stock has underperformed significantly, dropping 4.62% over the past week and 20.83% over the past month, while trading below all moving averages and experiencing a substantial decrease in investor participation.
As of 06-Oct, Jaihind Synthetics Ltd is experiencing a decline in its stock price, currently at 47.50, which reflects a decrease of 0.15 or 0.31%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 4.62% over the past week. Additionally, it is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. There has also been a significant drop in investor participation, with delivery volume decreasing by 77.99% compared to the 5-day average. 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, Jaihind Synthetics Ltd's short-term performance has been notably poor compared to the benchmark, as the Sensex has gained 1.77% over the past week while the stock has lost 4.62%. This stark contrast highlights the stock's struggles in the current market environment, where it has also underperformed over the past month with a decline of 20.83%, while the Sensex has only increased by 1.34%. Overall, the combination of declining stock performance, reduced investor interest, and unfavorable comparisons to the benchmark suggests a challenging period for Jaihind Synthetics Ltd.
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