News and Views
Recent Price Movements and Market Performance
Jagatjit Industries has been under significant selling pressure, with the stock declining over 15% in the past week alone, vastly underperforming the Sensex, which fell only 0.52% in the same period. The downward trend extends over the last month, where the stock lost nearly a quarter of its value, while the benchmark index gained close to 1%. Year-to-date, the stock has plummeted by over 41%, in stark contrast to the Sensex’s robust 9.12% gain. Even over a one-year horizon, Jagatjit Industries has delivered a negative return exceeding 43%, while the Sensex appreciated by nearly 5%. These figures underscore the stock’s persistent weakness and investor aversion.
On 12-Dec, the stock experienced high volatility, trading withi...
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