Why is Jain Irrigat-DVR falling/rising?
As of 26-Jun, Jain Irrigation Systems Ltd-DVR's stock price is at 33.10, having increased by 0.91%. The stock has outperformed the Sensex recently, but declining investor participation raises concerns about the sustainability of its gains.
As of 26-Jun, Jain Irrigation Systems Ltd-DVR's stock price is currently at 33.10, reflecting an increase of 0.3 or 0.91%. The stock has shown strong performance in the short term, with a 6.60% gain over the past week and a 10.33% increase over the past month, significantly outperforming the Sensex, which rose by 2.94% and 1.92% respectively during those periods. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 70.32% compared to the 5-day average, which may raise concerns about the sustainability of the current price movement. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent performance.Broader Market Context: In the context of the broader market, Jain Irrigation's recent gains are particularly impressive when compared to the Sensex's performance, as the stock has outperformed the benchmark significantly in the short term. While the agriculture sector has experienced a decline of 2.54%, Jain Irrigation's stock has managed to rise, suggesting that it may be benefiting from specific company-related factors or investor sentiment that is not reflected in the sector's overall performance. Despite a year-to-date decline of 7.95% compared to the Sensex's gain of 7.19%, the stock's strong recent performance indicates a potential recovery phase, although the falling investor participation could pose risks moving forward.
{{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
