Why is Jubilant Agri falling/rising?
As of 17-Sep, Jubilant Agri & Consumer Products Ltd's stock price is Rs 2,612.20, down 4.49%, and has underperformed its sector. Despite a rise in delivery volume, the stock has declined 6.17% over the last two days and lags behind the benchmark Sensex.
As of 17-Sep, Jubilant Agri & Consumer Products Ltd is experiencing a decline in its stock price, currently at Rs 2,612.20, which represents a decrease of Rs 122.75 or 4.49%. The stock has underperformed its sector by 4.16% today and has been on a downward trend for the last two days, accumulating a total loss of 6.17% during this period. Additionally, the stock touched an intraday low of Rs 2,585.2, reflecting a drop of 5.48%. Despite being higher than the 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day and 20-day moving averages. The stock has seen a rise in delivery volume, which increased by 21.18% against the 5-day average, indicating some investor interest, although the overall sentiment appears negative.In the broader market context, the stock's performance over the past week shows a decline of 0.68%, while the benchmark Sensex has increased by 1.56%. Over the past month, Jubilant Agri has also underperformed, with a decrease of 0.60% compared to the Sensex's gain of 2.60%. This trend suggests that the stock is not only facing internal challenges but is also lagging behind the overall market performance. The lack of available positive or negative dashboard data limits further insights into specific catalysts affecting the stock's recent movement.
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