Why is Jay Ushin falling/rising?

Jun 24 2025 09:09 PM IST
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As of 24-Jun, Jay Ushin Ltd's stock price is at 622.05, down 0.74%, and has declined 5.59% over the last two days. The stock is underperforming compared to the Sensex, with negative returns over the past month and year, indicating a bearish trend and declining investor sentiment.
As of 24-Jun, Jay Ushin Ltd's stock price is currently at 622.05, reflecting a decrease of 4.65, or 0.74%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.59% during this period. Although it opened with a gain of 4.44% today and reached an intraday high of Rs 654.5, it also touched a low of Rs 612.05. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there has been a slight increase in delivery volume, the overall performance has been negative, with the stock down 12.10% year-to-date compared to a 5.01% increase in the benchmark index.

In the broader market context, Jay Ushin's recent performance has been significantly weaker than the Sensex, which has gained 0.58% over the past week and 5.01% year-to-date. The stock's 1-month and 1-year returns are also negative at -5.88% and -13.77%, respectively, contrasting sharply with the Sensex's positive returns during the same periods. This underperformance suggests that investor sentiment may be declining, contributing to the stock's recent price drop. Overall, the combination of poor short-term performance relative to the benchmark and the stock's inability to maintain upward momentum has led to its current downward trajectory.
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