Why is Jetmall Spices falling/rising?
As of 01-Sep, Jetmall Spices and Masala Ltd is currently priced at Rs. 24.05, reflecting a 1.99% increase and a new 52-week high. The stock has shown strong performance with significant returns and increased investor participation, despite underperforming its sector today.
As of 01-Sep, Jetmall Spices and Masala Ltd is experiencing a price increase, currently at Rs. 24.05, which reflects a rise of 0.47 or 1.99%. The stock has recently hit a new 52-week high today. In terms of performance, Jetmall Spices has shown strong returns, with a 1-week increase of 4.02% and a 1-month increase of 14.20%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable rise in investor participation, with delivery volume increasing by 11.11% against the 5-day average. However, it is important to note that the stock underperformed its sector by 0.53% today, and there is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that while Jetmall Spices has performed well, the benchmark Sensex has declined by 1.56% over the past week, highlighting the stock's relative strength in a challenging market environment. Year-to-date, Jetmall Spices has outperformed the Sensex significantly, with a return of 118.64% compared to the benchmark's 2.85%. This contrast suggests that investor sentiment towards Jetmall Spices remains strong despite broader market pressures, contributing to its rising stock price.
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