Why is Jigar Cables falling/rising?

Sep 25 2025 11:03 PM IST
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As of 25-Sep, Jigar Cables Ltd's stock price has declined to Rs 65.00, down 7.14%, and has underperformed its sector and the broader market. The stock has shown erratic trading, with a significant drop in investor participation and a year-to-date decline of 4.27%.
As of 25-Sep, Jigar Cables Ltd is experiencing a decline in its stock price, currently at Rs 65.00, which represents a decrease of 5.0 or 7.14%. The stock has underperformed its sector today, with a significant opening gap down of 7.14%. It has not traded on 5 out of the last 20 days, indicating erratic trading behavior. The stock's performance over the past week and month shows a consistent decline of 7.14%, while its year-to-date performance is down 4.27%. Additionally, there has been a notable drop in investor participation, with delivery volume decreasing by 28.57% compared to the 5-day average, which may contribute to the stock's downward pressure.
In the broader market context, Jigar Cables' recent performance contrasts sharply with the benchmark Sensex, which has only declined by 2.23% over the past week and 0.58% over the past month. This suggests that the stock's decline is more pronounced than the overall market trend. Over the past year, Jigar Cables has underperformed significantly, with a drop of 27.78% compared to the Sensex's decline of 4.71%. While the stock has shown strong growth over the longer term, with increases of 150.00% over three years and 182.61% over five years, the recent short-term trends indicate a troubling phase for the company amidst a relatively stable market backdrop.
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