JTEKT India's Stock Sees -7.25% Decline, Outperforms Sector Despite Recent Downtrend

JTEKT India, a smallcap company in the auto ancillary industry, saw a decline of -7.25% in its stock price on August 5th, 2024. The stock has been on a downward trend for the past four days, with a total loss of -13.84% during this period. It opened with a loss of -2.27% today and touched an intraday low of Rs 184.95 (-6.83%).

Despite this recent decline, JTEKT India's stock is still performing better than the overall sector, which has fallen by -6.09%. The company's stock is also higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for JTEKT India is 'Hold'. This is based on the company's performance today, where it underperformed the sector by -0.77%.

In comparison to the overall market, JTEKT India's stock has seen a decline of -7.25% in the past day, while the Sensex has seen a decline of -3.25%. Over the past month, the company's stock has seen a decline of -15.88%, while the Sensex has seen a decline of -2.06%.

Investors should keep an eye on JTEKT India's stock performance in the coming days to see if it can bounce back from its recent decline. However, it is important to note that this article is based on factual information and does not offer any recommendations or opinions on the company's future potential.