Why is JMJ Fintech falling/rising?
As of 05-Sep, JMJ Fintech Ltd's stock price is Rs 14.28, down 2.72%, and has underperformed its sector by 3.21%. The stock is trading below all key moving averages and has declined 14.64% over the past month and 47.48% year-to-date, indicating significant challenges in attracting investor interest.
As of 05-Sep, JMJ Fintech Ltd's stock price is currently at Rs 14.28, reflecting a decline of Rs 0.4 or 2.72%. The stock has recently underperformed its sector by 3.21% and has fallen after two consecutive days of gains. It is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the stock is 4.76% away from its 52-week low of Rs 13.6. Over the past month, JMJ Fintech has seen a significant decline of 14.64%, and year-to-date, it has dropped 47.48%. There is no information available regarding positive or negative factors that could have influenced the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has gained 1.13% over the past week, JMJ Fintech's stock has only increased by 0.56%, indicating a weaker performance relative to the market. The broader market has shown resilience with a year-to-date increase of 3.29%, while JMJ Fintech has significantly lagged behind with its substantial year-to-date decline. This disparity highlights the challenges faced by JMJ Fintech in attracting investor interest and maintaining momentum in a generally positive market environment.
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