Jagatjit Industries' Stock Continues Downward Trend, Underperforms Sector by -4.69%

Oct 22 2024 01:15 PM IST
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Jagatjit Industries, a smallcap company in the breweries and distilleries industry, has been experiencing a decline in its stock performance. On October 22, 2024, the stock lost -7.0%, underperforming the sector by -4.69%. This marks the sixth consecutive day of losses, with a total decline of -12.54% in this period. The stock's moving averages are higher than the 100-day and 200-day averages, but lower than the 5-day, 20-day, and 50-day averages. In comparison to the Sensex, the company's performance has been weaker, with a -7.00% decline in just one day. Over the past month, the stock has fallen -16.06%, while the Sensex has only seen a -4.60% decline. Investors and experts are advised to approach this stock with caution, based on factual data.

Jagatjit Industries, a smallcap company in the breweries and distilleries industry, has been facing a downward trend in its stock performance. On October 22, 2024, the company's stock lost -7.0%, underperforming the sector by -4.69%. This marks the sixth consecutive day of losses for the company, with a total decline of -12.54% in this period.

The stock touched an intraday low of Rs 236.15, a decrease of -7.65% from the previous day. While the stock's moving averages are higher than the 100-day and 200-day averages, it is currently lower than the 5-day, 20-day, and 50-day averages.

In comparison to the Sensex, Jagatjit Industries' performance has been weaker, with a -7.00% decline in just one day, while the Sensex only saw a -0.61% decrease. Over the past month, the company's stock has fallen -16.06%, while the Sensex has only seen a -4.60% decline.

Investors and experts are advised to approach this stock with caution, as it has been underperforming and showing a downward trend. This information is based on factual data and does not include any external sources or recommendations.
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