Why is Jalan Transol. falling/rising?
As of 17-Sep, Jalan Transolutions (India) Ltd's stock price is at 4.10, down 1.2%, and has significantly underperformed its sector and the benchmark index, Sensex. The stock has declined 52.60% year-to-date, despite a notable increase in investor participation.
As of 17-Sep, Jalan Transolutions (India) Ltd is experiencing a decline in its stock price, currently at 4.10, which reflects a decrease of 0.05 or 1.2%. The stock has underperformed its sector by 1.29% today and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has seen a significant drop of 13.68%, and its year-to-date performance shows a decline of 52.60%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 516.07% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Jalan Transolutions' performance has been significantly weaker than the benchmark index, Sensex, which has gained 1.43% over the past week while the stock has fallen sharply. This trend continues over the longer term, with the stock's year-to-date decline of 52.60% contrasting sharply with the Sensex's gain of 7.13%. Such underperformance indicates that investor sentiment towards Jalan Transolutions is currently negative, especially when compared to the overall market trends.
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