News and Views
Recent Price Movement and Market Performance
JM Financial’s stock has been under pressure over the past week, falling by 1.91%, which is steeper than the Sensex’s modest decline of 0.53% during the same period. The last month has been particularly challenging, with the stock shedding 13.29% while the benchmark index gained 2.16%. This recent weakness contrasts with the stock’s longer-term performance, where it has outpaced the Sensex over three years with an 80.28% gain compared to the index’s 35.62% rise.
Despite the recent downturn, the stock remains up 10.81% year-to-date, slightly ahead of the Sensex’s 9.12% gain. However, over the past year, JM Financial’s returns of 3.16% lag behind the Sensex’s 5.32%, signalling some volatility and profit-taking in the near term...
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