Why is Jigar Cables falling/rising?

Oct 29 2025 01:21 AM IST
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As of 28-Oct, Jigar Cables Ltd's stock price has declined to 65.00, down 8.45%, and has underperformed its sector significantly. The stock has shown erratic trading, with a sharp drop in delivery volume and a year-to-date decline of 4.27%, contrasting with the Sensex's rise of 8.30%.
As of 28-Oct, Jigar Cables Ltd is experiencing a decline in its stock price, currently at 65.00, which reflects a decrease of 6.0 or 8.45%. The stock has underperformed its sector by 7.52% today and opened with a significant loss of 9.72%. Additionally, the stock has shown erratic trading patterns, not trading on 2 out of the last 20 days. The delivery volume has also fallen sharply by 54.55% compared to the 5-day average, indicating a decrease in investor participation. Over the past year, the stock has declined by 27.78%, contrasting sharply with the Sensex, which has gained 5.78% during the same period.
In the broader market context, Jigar Cables' short-term performance has been notably poor, with a 1-week return of -14.47%, while the Sensex has increased by 0.24%. This stark difference highlights the stock's struggles relative to the overall market. Year-to-date, Jigar Cables has also underperformed, with a decline of 4.27% compared to the Sensex's rise of 8.30%. Despite a strong performance over the longer term, with a 3-year increase of 160.00% and a 5-year increase of 181.39%, the recent trends suggest significant challenges that are affecting investor confidence and participation.
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