Why is Jakharia Fabric falling/rising?
As of 19-Sep, Jakharia Fabric Ltd is priced at Rs. 123.50, reflecting a flat movement of 0.00%. The stock has shown strong performance with significant gains over various time frames, indicating robust investor interest and stability despite no price change on that day.
As of 19-Sep, Jakharia Fabric Ltd is currently priced at Rs. 123.50, with no change in price, reflecting a flat movement of 0.00%. The stock has recently hit a new 52-week high, indicating strong performance. Over the past week, Jakharia Fabric has increased by 4.97%, and over the past month, it has surged by 40.18%. Year-to-date, the stock has shown an impressive gain of 166.16%, and over the past year, it has risen by 266.47%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 25% against the 5-day average, contributing positively to the stock's recent performance. There is no information available regarding any negative factors affecting the stock.In the broader market context, Jakharia Fabric's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.85% over the past week and 1.39% over the past month. Year-to-date, while the Sensex has gained 7.11%, Jakharia Fabric's remarkable 166.16% increase highlights its strong relative performance. This disparity suggests that Jakharia Fabric is attracting investor interest, likely due to its strong returns compared to the broader market, which may be contributing to its recent price stability despite the lack of movement on the day in question.
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