Why is Jindal Leasefin falling/rising?
As of 14-Aug, Jindal Leasefin Ltd is priced at 33.70 with no change, underperforming its sector and major moving averages. The stock has declined significantly over various time frames, including a 19.38% drop in the past month, contrasting sharply with the broader market's performance.
As of 14-Aug, Jindal Leasefin Ltd is currently priced at 33.70, with no change observed (0.00%). The stock has underperformed its sector by 0.4% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 90.86% compared to the 5-day average. Over the past week, the stock has decreased by 3.85%, and it has seen a substantial decline of 19.38% over the past month. Year-to-date, the stock is down 22.08%, and it has fallen by 25.51% over the past year. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.In the broader market context, the Sensex has shown a slight decline of 0.03% over the past week and a modest increase of 3.15% year-to-date. Compared to this, Jindal Leasefin's short-term performance has been notably worse, indicating that the stock is not only underperforming against the benchmark but also struggling significantly in the longer term. The stark contrast in performance, particularly the 19.38% drop over the past month against the Sensex's 2.01% decline, highlights the challenges faced by Jindal Leasefin in the current market environment.
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