Why is Jain Irrigat-DVR falling/rising?

Aug 04 2025 10:26 PM IST
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As of 04-Aug, Jain Irrigation Systems Ltd-DVR's stock price is declining at 28.44, down 0.63%, and has lost 10% over the last eight days. It is trading below all key moving averages, indicating bearish sentiment, while its recent performance contrasts with the Sensex's gains, despite positive long-term returns.
As of 04-Aug, Jain Irrigation Systems Ltd-DVR is experiencing a decline in its stock price, currently at 28.44, reflecting a decrease of 0.18 or 0.63%. The stock has been on a downward trend, losing value for the last eight consecutive days, resulting in a total drop of 10% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a rise in delivery volume by 12.41% against the 5-day average, the overall performance remains weak, with significant negative returns over the past week, month, and year, showing declines of 5.11%, 10.96%, and 26.64%, respectively. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, Jain Irrigation's recent performance contrasts sharply with the Sensex, which has shown a slight increase of 0.16% over the past week. While the stock has significantly underperformed compared to the benchmark, which has gained 3.69% year-to-date, Jain Irrigation's long-term performance over three and five years remains positive, with returns of 42.56% and 185.83%, respectively. However, the current short-term declines and the stock's inability to keep pace with the benchmark suggest a challenging environment for Jain Irrigation Systems Ltd-DVR at this time.
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