Why is Jubilant Agri falling/rising?
As of 11-Jul, Jubilant Agri & Consumer Products Ltd's stock price is 1,687.70, down 0.32%, with a significant drop in delivery volume and underperformance compared to its sector. Despite trading above longer-term moving averages, it has declined 2.96% over the past week and 1.91% over the past month, indicating ongoing challenges.
As of 11-Jul, Jubilant Agri & Consumer Products Ltd is experiencing a decline in its stock price, currently at 1,687.70, which reflects a decrease of 5.4 points or 0.32%. The stock has underperformed its sector by 1.53% today, and its delivery volume has significantly dropped by 73.33% compared to the 5-day average, indicating falling investor participation. Although the stock is trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. In terms of returns, the stock has seen a 1-week decline of 2.96% and a 1-month decline of 1.91%, while year-to-date and yearly performance data is not available.In the broader market context, the Sensex has shown a slight decline of 1.12% over the past week and has remained relatively flat over the past month with a change of only -0.02%. This suggests that the stock's recent underperformance is not solely due to broader market movements, as it has lagged behind the benchmark significantly in the short term. The lack of positive factors in the dashboard further emphasizes the challenges the stock is facing, contributing to its current downward trend.
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