Why is Jain Irrigat-DVR falling/rising?
As of 24-Jun, Jain Irrigation Systems Ltd-DVR's stock price is at 33.89, up 2.42%, with strong recent performance and a total return of 9.15% over three days. However, declining delivery volume by 31.94% raises concerns about future momentum despite outperforming the Sensex in the short term.
As of 24-Jun, Jain Irrigation Systems Ltd-DVR's stock price is currently at 33.89, reflecting an increase of 0.8, or 2.42%. The stock has been performing well recently, having outperformed its sector by 0.8% today and achieving a consecutive gain over the last three days, with a total return of 9.15% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 31.94% compared to the 5-day average, which could be a concern for future momentum.In the broader market context, Jain Irrigation's short-term performance over the past week shows a return of 1.16%, which is significantly better than the Sensex's return of 0.58%. Over the past month, Jain Irrigation has also outperformed the benchmark, with a return of 13.80% compared to the Sensex's 0.41%. Despite a year-to-date decline of 5.76% against the Sensex's gain of 5.01%, the stock's strong recent performance and positive short-term trends suggest a recovery phase. Overall, while the stock is currently rising, the decrease in delivery volume may indicate potential challenges ahead if investor interest does not pick up.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
