Why is Newjaisa Tech falling/rising?
As of 24-Sep, Newjaisa Technologies Ltd is currently priced at 45.00, reflecting a 1.81% increase, but has seen a decline in investor participation. Despite a recent recovery of 44.23% over the past month, its year-to-date decline of 45.78% remains concerning compared to the benchmark Sensex's gain of 5.97%.
As of 24-Sep, Newjaisa Technologies Ltd is experiencing a price increase, currently at 45.00, reflecting a change of 0.8 or 1.81% upward. Despite a recent decline in investor participation, with delivery volume falling by 10.71% against the 5-day average, the stock has outperformed its sector by 4.63% today. Over the past month, Newjaisa Technologies has shown a significant recovery with a return of 44.23%, contrasting sharply with its year-to-date decline of 45.78% and a one-year drop of 53.10%. Unfortunately, there is no available information on positive or negative factors that could further explain the stock's recent movement.In the broader market context, Newjaisa Technologies' recent performance stands out against the benchmark Sensex, which has only increased by 0.75% over the past month. While the stock has outperformed the benchmark in the short term, its long-term performance remains concerning, with a year-to-date decline significantly worse than the Sensex's gain of 5.97%. This disparity highlights the volatility and challenges faced by Newjaisa Technologies, despite its recent positive price movement.
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