News and Views
Recent Price Movement and Market Context
On 05-Dec, the stock closed at ₹83.28, down by ₹0.72 or 0.86% from the previous session. This decline is consistent with the stock’s recent trend, which has seen a one-week loss of 4.07%, significantly underperforming the Sensex’s marginal dip of 0.06% over the same period. The one-month performance further emphasises this weakness, with the stock falling 6.20% while the Sensex gained 2.30%. Year-to-date figures reveal a more pronounced divergence, as Jullundur Motor’s shares have dropped 13.75%, contrasting sharply with the Sensex’s 10.75% rise. Over the last year, the stock’s decline of 18.89% stands in stark contrast to the Sensex’s 5.98% gain, highlighting persistent challenges for the company’s equity performance.
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