Why is Jamna Auto Inds. falling/rising?
As of 01-Sep, Jamna Auto Industries Ltd is seeing a price increase to 105.95, up 2.07% with a recent intraday high of Rs 107.15. Despite short-term gains, the stock has underperformed its sector and is down 15.71% over the past year.
As of 01-Sep, Jamna Auto Industries Ltd is experiencing a price increase, with its current price at 105.95, reflecting a change of 2.15 (2.07%) upward. The stock has shown a positive trend, gaining 5.11% over the last three days, and today it reached an intraday high of Rs 107.15. Despite this, it underperformed its sector by 0.66%. Over the past week, the stock has risen by 2.96%, while its one-month return stands at an impressive 16.74%. The company benefits from high management efficiency, a low debt-to-equity ratio, and healthy long-term growth, although it has faced a decline in profits over the past year.Broader market context indicates that while Jamna Auto Industries has performed well in the short term, the benchmark Sensex has declined by 1.56% over the past week. The stock's liquidity remains adequate, with a delivery volume that is slightly below the five-day average. Despite the recent gains, the stock's one-year performance is down by 15.71%, contrasting with the benchmark's decline of only 2.43%. This suggests that while the company is currently gaining traction, it still faces challenges in the broader market environment.
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