Stock of Interest

Posted On: August 22, 2023

Stock Report: JAICORPLTD(NSE) 21 Aug 2023 

Jai Corp Ltd is a manufacturing company engaged in businesses like polypropylene and polyethylene, woven products, steel, plastic processing, and spinning yarn. It has five segments. The Steel segment comprises the production, and trading of CR coils/sheets, GP/GC coils/ sheets, and HR coils/plates and tubes. Production of woven fabric, jumbo bags, masterbatch, staple fibers, geotextiles, and others is done in the Plastic Processing segment. The Spinning segment includes the production of spun yarn. The Asset management activity segment consists of investment advisory services. Development of land and buildings is done in the Real Estate segment of the company. The majority of the revenue is generated from the plastic processing segment

#xCalData predicts that # JAICORPLTD will continue its bullish phase over the next five days and trend within the range of 223 to 263.  

In comparison to the previous month, the price of the stock has experienced an increase of 31.28% indicating a bullish

The Stock has doubled 2 time(s) since 08 Sep 2015 and took an average of 1.1 years to double.        

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given positive returns in all previous years.

Majority of the technical ratios trend towards Bullish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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