Why is Jeevan Scienti. falling/rising?

Oct 24 2025 10:28 PM IST
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As of 24-Oct, Jeevan Scientific Technology Ltd's stock price is Rs 60.13, down 4.99% and underperforming in the short term despite a strong 69.91% increase over the past month. The stock has faced recent downward pressure and has underperformed its sector, indicating potential shifts in investor sentiment.
As of 24-Oct, Jeevan Scientific Technology Ltd's stock price is currently at Rs 60.13, reflecting a decline of Rs 3.16 or 4.99%. The stock has been underperforming, having lost 7.44% over the last two days and opening with a loss of 2.02% today. Despite a strong performance over the past month with a 69.91% increase, the stock has recently faced downward pressure, as indicated by its current price being lower than the 5-day moving averages, although it remains above the longer-term moving averages. Additionally, while there has been a rise in investor participation with a notable increase in delivery volume, the stock's performance today has underperformed its sector by 4.6%. There is no information available regarding positive or negative factors that could further clarify the stock's recent movement.

Broader market context shows that while Jeevan Scientific Technology Ltd has experienced a significant increase of 21.35% year-to-date, it has underperformed the benchmark Sensex in the short term, with a 1-week return of -8.99% compared to the Sensex's modest gain of 0.31%. This suggests that the stock's recent struggles may be influenced by broader market dynamics, despite its strong long-term performance. The contrasting trends between the stock and the benchmark indicate that investor sentiment may be shifting, contributing to the stock's current decline.
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