Why is JSL Industries falling/rising?
As of 07-Aug, JSL Industries Ltd is experiencing a decline in its stock price, currently at 1,378.95, with a total drop of -7.4% over the last three days and -18.84% year-to-date. The stock is underperforming compared to the benchmark Sensex, which has gained +3.18% year-to-date.
As of 07-Aug, JSL Industries Ltd is experiencing a slight decline in its stock price, currently at 1,378.95, with a change of -0.05 (0.00%). The stock has been losing value for the last three days, resulting in a total drop of -7.4% during this period. Additionally, JSL Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a 70.59% drop compared to the 5-day average, suggesting falling investor participation. The stock's performance over the past week shows a decline of -6.51%, and it has fallen -13.76% over the past month, while its year-to-date performance is down -18.84%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, JSL Industries' recent performance contrasts sharply with the benchmark Sensex, which has only declined by -0.69% over the past week and -3.38% over the past month. This indicates that JSL Industries is underperforming relative to the market, as evidenced by its significant year-to-date decline compared to the Sensex's gain of +3.18%. The stark difference in returns, particularly over the past year where JSL Industries has dropped -38.39% while the Sensex has increased by +1.45%, further highlights the challenges the company is facing in the current market environment.
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