Why is Jullundur Motor falling/rising?
As of 11-Sep, Jullundur Motor Agency (Delhi) Ltd's stock price is declining at 87.89, down 0.45%, and is trading below all key moving averages, indicating a bearish trend. Despite a significant increase in delivery volume, the stock has underperformed both weekly and year-to-date compared to the Sensex, contributing to cautious investor sentiment.
As of 11-Sep, Jullundur Motor Agency (Delhi) Ltd is experiencing a decline in its stock price, currently at 87.89, which reflects a decrease of 0.4 or 0.45%. The stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a significant increase in delivery volume by 181.07% against the 5-day average, the stock's performance over the past week shows a decline of 3.46%, while it has also underperformed year-to-date with a drop of 8.98% compared to the Sensex, which has gained 5.75% in the same period.In the broader market context, Jullundur Motor's short-term performance is notably weaker than the benchmark, as it has fallen while the Sensex has risen by 1.10% over the past week. This underperformance may be contributing to investor sentiment that is cautious towards the stock, despite the rising participation in trading. The lack of available positive or negative factors further complicates the understanding of the stock's recent movements, leaving investors with limited insights into potential catalysts for recovery or further decline.
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