Why is Jalan Transol. falling/rising?
As of 23-Sep, Jalan Transolutions (India) Ltd's stock price rose to 4.65, up 4.49%, but it remains below key moving averages and has seen a significant drop in investor participation. While it has outperformed the Sensex in the short term, its long-term performance is concerning, with a year-to-date decline of 46.24%.
As of 23-Sep, Jalan Transolutions (India) Ltd has seen its stock price rise to 4.65, reflecting an increase of 0.2 or 4.49%. The stock has outperformed its sector today by 4.32%, although it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed performance trend. Notably, the stock has experienced a significant decline in investor participation, with delivery volume dropping by 87.07% compared to the 5-day average. Over the past week, the stock has gained 12.05%, contrasting sharply with the Sensex, which has decreased by 0.28%. However, the stock's year-to-date performance shows a substantial decline of 46.24%, while the Sensex has increased by 6.45%.In the broader market context, Jalan Transolutions' recent short-term performance is notably stronger than the benchmark, as evidenced by its 1-week return compared to the Sensex. Despite this positive short-term movement, the stock's long-term performance remains concerning, with a 34.51% decline over the past month and a staggering 50% drop over the past three years, while the Sensex has gained 45.26% in the same period. This stark contrast highlights the challenges faced by Jalan Transolutions in maintaining investor confidence, despite a brief uptick in price.
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