Why is Sh. Jagdamba Pol falling/rising?
As of 19-Nov, Shri Jagdamba Polymers Ltd's stock price is declining at 765.00, down 1.91%, and underperforming its sector. The stock has seen a significant drop in investor participation and negative returns over the past week and month, contrasting with the overall market's positive performance.
As of 19-Nov, Shri Jagdamba Polymers Ltd is experiencing a decline in its stock price, currently at 765.00, which reflects a decrease of 14.9 points or 1.91%. The stock has underperformed its sector by 2.57% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 69.38% compared to the 5-day average. Over the past week and month, the stock has also shown negative returns of 4.38% and 4.63%, respectively, while it has performed positively year-to-date and over the past year, with gains of 0.84% and 26.50%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark Sensex, which has gained 0.85% over the past week and 1.47% over the past month. This stark contrast highlights the stock's struggles in a generally positive market environment, contributing to its downward price movement. The overall market has shown resilience, with the Sensex up 9.02% year-to-date and 9.81% over the past year, further emphasizing the challenges faced by Shri Jagdamba Polymers Ltd in attracting investor interest and maintaining its price momentum.
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