Why is Jain Irrigat-DVR falling/rising?

Jun 23 2025 10:21 PM IST
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As of 23-Jun, Jain Irrigation Systems Ltd-DVR's stock price is Rs 33.09, up 3.54% recently, but it has declined 7.98% year-to-date. Despite short-term gains, the stock's overall performance has been mixed, with decreased investor participation potentially affecting future movements.
As of 23-Jun, Jain Irrigation Systems Ltd-DVR's stock price is currently at Rs 33.09, reflecting an increase of Rs 1.13 or 3.54%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 6.57% during this period. It outperformed its sector by 4.91% today and reached an intraday high of Rs 33.33, which is a 4.29% increase. However, despite these gains, the stock has experienced a decline of 7.98% year-to-date and 22.85% over the past year, indicating some volatility. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 34.79% compared to the 5-day average, which may impact future price movements.

Broader Market Context: In comparison to the benchmark Sensex, Jain Irrigation's stock has underperformed in the short term, with a 1-week return of -1.05% against the Sensex's slight gain of +0.12%. However, over the past month, the stock has outperformed the benchmark with an 11.11% increase compared to the Sensex's 0.22%. This suggests that while the stock is currently experiencing a positive movement, its overall performance relative to the market has been mixed, particularly in the longer term.
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