Zodiac-JRD-MKJ Ltd Experiences 20% Surge Amid Broader Market Decline

May 19 2025 02:30 PM IST
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Zodiac-JRD-MKJ Ltd is experiencing notable buying activity, with a significant increase in its stock price today, contrasting with a decline in the Sensex. Over the past week and three months, the stock has shown substantial gains, indicating a strong upward trend amid broader market fluctuations.
Zodiac-JRD-MKJ Ltd is witnessing significant buying activity, with the stock surging by 20.00% today, in stark contrast to the Sensex, which has declined by 0.38%. Over the past week, Zodiac-JRD-MKJ has gained 13.83%, while the Sensex has dropped by 0.50%. The stock's performance over the last three months shows a remarkable increase of 44.48%, compared to the Sensex's 8.01% rise.

Today's trading session opened with a notable gap up of 9.41%, and the stock reached an intraday high of Rs 74.99, reflecting a 19.77% increase. The stock has exhibited high volatility, with an intraday fluctuation of 7.9%.

In terms of moving averages, Zodiac-JRD-MKJ is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This performance indicates a strong upward trend in the short to medium term, diverging from the broader market trends reflected by the Sensex. The consistent buying pressure may be attributed to various factors, including market sentiment and sector-specific developments within the gems, jewellery, and watches industry.
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