Why is Jainam Ferro falling/rising?
As of 18-Sep, Jainam Ferro Alloys (I) Ltd's stock price has declined to 299.25, down 5.0%, underperforming its sector and the benchmark Sensex. Despite strong long-term gains, recent trading volume has dropped significantly, indicating cautious investor sentiment.
As of 18-Sep, Jainam Ferro Alloys (I) Ltd is experiencing a decline in its stock price, currently at 299.25, which reflects a decrease of 15.75 or 5.0%. Today's performance indicates that the stock has underperformed its sector by 7.71%. Despite a strong long-term performance with a 92.32% return over the past year and a solid track record of outperforming the BSE500 in various time frames, the stock is currently facing challenges. The delivery volume has significantly dropped by 58.33% compared to the 5-day average, suggesting a decrease in investor participation. Additionally, while the stock is above its longer-term moving averages, it is below the 5-day moving average, indicating recent weakness.In the broader market context, the stock's short-term performance over the past week shows a decline of 0.58%, while the benchmark Sensex has increased by 1.67%. This underperformance relative to the benchmark further highlights the stock's current struggles despite its impressive long-term gains. The company's low debt-to-equity ratio is a positive factor, but the recent drop in trading volume and the stock's inability to maintain momentum against the benchmark suggest that investors may be cautious at this time.
{{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
