Why is Jeevan Scienti. falling/rising?
As of 07-Nov, Jeevan Scientific Technology Ltd's stock price is Rs 60.00, down 4.5%, with significant selling pressure and decreased investor participation. Despite a strong year-to-date return of 21.09%, its recent performance has lagged behind the benchmark Sensex, indicating a downward trend.
As of 07-Nov, Jeevan Scientific Technology Ltd's stock price is currently at Rs 60.00, reflecting a decline of Rs 2.83, or 4.5%. The stock has underperformed its sector by 4.16% today and opened with a loss of 3.39%. It reached an intraday low of Rs 60, indicating significant selling pressure. Additionally, the stock's delivery volume has decreased by 9.68% compared to the 5-day average, suggesting a drop in investor participation. Over the past week, the stock has seen a decline of 7.64%, contrasting with a positive return of 49.93% over the past month, indicating recent volatility. Unfortunately, there is no information available regarding positive or negative factors that could provide further insight into the stock's recent movement.Broader market context shows that while Jeevan Scientific Technology Ltd has experienced a strong return of 21.09% year-to-date and 12.99% over the past year, its recent performance has been weaker compared to the benchmark Sensex, which has gained 6.50% year-to-date and 4.62% over the past year. The stock's performance over the last week is notably worse than the Sensex's decline of only 0.86%, highlighting a significant divergence in performance. This underperformance in the short term, coupled with falling investor participation, may be contributing to the stock's current downward trend.
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