Why is Jindal Leasefin falling/rising?

Jul 04 2025 10:05 PM IST
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As of 04-Jul, Jindal Leasefin Ltd is priced at 40.60, unchanged, but has declined 2.17% over the past week and 20.39% over the past year. The stock is underperforming compared to the Sensex, which has gained 6.77% year-to-date, indicating a bearish trend despite increased investor participation.
As of 04-Jul, Jindal Leasefin Ltd is currently priced at 40.60, with no change in price (0.00%). The stock has shown a decline of 2.17% over the past week and a more significant drop of 3.15% over the last month. Additionally, year-to-date, the stock is down 6.13%, and over the past year, it has decreased by 20.39%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 257.89% against the 5-day average. However, the stock is trading lower than its moving averages across various time frames, indicating a bearish trend. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, Jindal Leasefin's performance has been underwhelming compared to the benchmark Sensex, which has gained 3.01% over the past month and 6.77% year-to-date. The stock's recent performance is particularly concerning given its significant underperformance over the past year compared to the benchmark, which has only increased by 4.23%. This disparity suggests that while the broader market may be experiencing growth, Jindal Leasefin is struggling to keep pace, contributing to its declining stock price.
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