Recent Price Movement and Market Context
Jupiter Wagons has been on a downward trajectory over the past week, with the stock falling by 6.46% compared to a flat performance by the Sensex. The decline extends over the last month as well, where the stock has dropped 17.15% while the benchmark index gained 2.70%. Year-to-date, the stock has plummeted by 46.66%, starkly contrasting with the Sensex’s 9.69% rise. This trend is further emphasised by the stock hitting a new 52-week low of ₹266.3 on the day, underscoring the sustained selling pressure.
Intraday trading showed the stock touching a low of ₹266.3, down 3.3% from previous levels, with a weighted average price indicating that most volume traded near this low point. The stock is currently trading below all major movi...
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