Why is Jasch Industries falling/rising?
As of 29-Oct, Jasch Industries Ltd's stock price is Rs 179.55, up 1.18%, with a notable intraday high of Rs 182 and a recent three-day gain of 4.21%. Despite this short-term recovery, the stock has declined 5.50% year-to-date and underperformed the Sensex over the same period.
As of 29-Oct, Jasch Industries Ltd is experiencing a price increase, with its current price at Rs 179.55, reflecting a change of 2.1 (1.18%) upward. The stock has shown strong performance recently, gaining 4.21% over the last three days and outperforming its sector by 0.29% today. Additionally, it has a notable intraday high of Rs 182, indicating positive momentum. Over the past week, the stock has risen by 4.97%, although it has underperformed on a year-to-date basis with a decline of 5.50%. The stock's trading volume has significantly increased, with a delivery volume rise of 608.39% against the 5-day average, suggesting heightened investor interest.In the broader market context, while Jasch Industries has outperformed the Sensex by 4.29% over the past week, it has lagged behind the benchmark on a year-to-date basis, where the Sensex has gained 8.78%. This disparity highlights the stock's recent recovery in the short term, contrasting with its longer-term performance, where it has seen a decline of 18.18% over three years compared to the Sensex's 41.76% increase. The stock's current liquidity is adequate for trading, further supporting its recent price rise. However, there is no information available regarding specific positive or negative factors that could influence the stock's movement.
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