Why is Jay Bee Laminati falling/rising?
As of 10-Sep, Jay Bee Laminations Ltd is priced at 216.30, down 0.71%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 37.29%. Investor participation has also decreased, indicating ongoing challenges for the company.
As of 10-Sep, Jay Bee Laminations Ltd is currently priced at 216.30, reflecting a decrease of 1.55 or 0.71%. The stock has underperformed its sector by 0.82% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, investor participation has declined, with a delivery volume of 25,000 shares on September 9, which is down by 41.72% compared to the 5-day average. Over the past month, the stock has seen a significant decline of 7.64%, and year-to-date, it has dropped by 37.29%. 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, the stock's short-term performance over the past week shows a slight increase of 0.28%, while the benchmark Sensex has risen by 1.04%. This indicates that Jay Bee Laminations Ltd is lagging behind the market. Over the past month, the stock's decline of 7.64% contrasts sharply with the Sensex's gain of 2.50%, highlighting a significant underperformance. Year-to-date, while the Sensex has increased by 5.62%, Jay Bee Laminations Ltd has faced a substantial decline, further emphasizing the challenges the company is currently facing in the market.
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