Why is Jain Irrigat-DVR falling/rising?

Aug 05 2025 10:57 PM IST
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As of 05-Aug, Jain Irrigation Systems Ltd-DVR's stock price is at 27.50, down 2.86% and has fallen for nine consecutive days, totaling a 12.97% decline. The stock is underperforming compared to the Sensex, with a year-to-date drop of 23.53% against the index's 3.29% increase.
As of 05-Aug, Jain Irrigation Systems Ltd-DVR is experiencing a decline in its stock price, currently at 27.50, reflecting a decrease of 0.81 or 2.86%. The stock has been on a downward trend, having fallen consecutively for the last nine days, resulting in a total drop of 12.97% 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 11.87% against the 5-day average, the stock has underperformed its sector by 2.5%. Over the past year, the stock has decreased by 23.61%, while the benchmark Sensex has gained 2.48%.

In the broader market context, Jain Irrigation's short-term performance has significantly lagged behind the Sensex, which has only declined by 0.77% over the past week, compared to Jain Irrigation's 8.03% drop. The stock's year-to-date performance is particularly concerning, with a decline of 23.53%, contrasting sharply with the Sensex's increase of 3.29%. This stark difference highlights the challenges Jain Irrigation is facing in the current market environment, contributing to its ongoing price decline.
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