JM Financial Faces Significant Stock Decline Amid Broader Market Trends and Sector Underperformance

JM Financial, a midcap player in the finance and non-banking financial company (NBFC) sector, has experienced a significant decline of 5.45% on March 10, 2025. This drop comes as the stock underperformed its sector by 5.62%, reflecting broader market trends. The stock reached an intraday low of Rs 92.25, marking a decrease of 5.33% during the trading session.
In terms of moving averages, JM Financial is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past week, the stock has shown a modest gain of 1.46%, but this is overshadowed by a 15.48% decline over the past month and a substantial 34.64% drop over the last three months.

In contrast, the Sensex has shown resilience, trading positively with a gain of 0.39% today. Despite JM Financial's recent struggles, it has managed a 4.76% increase over the past year, although it lags behind the Sensex's 0.67% gain during the same period. The stock's performance over longer time frames reveals a mixed picture, with a notable 41.74% increase over three years, yet a decline of 5.46% over the past five years compared to the Sensex's impressive 109.40% rise.