Handson Global Management (HGM) Stock Rises 4.99%, Marks Third Consecutive Day of Gains

Handson Global Management (HGM) Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, contrasting sharply with the Sensex's decline of 0.32%. Over the past three days, HGM has shown a consecutive gain of 7.65%, indicating a strong upward momentum.
In terms of performance metrics, HGM's one-week performance stands at 3.39%, while the Sensex has increased by 1.19% during the same period. However, over the last month, HGM has slightly underperformed with a decline of 0.53%, compared to the Sensex's gain of 2.65%. Notably, HGM has outperformed the sector by 6.1% today.

The stock opened with a gap up and reached an intraday high of Rs 74.44. HGM's trading activity has been somewhat erratic, with no trades occurring on one day out of the last 20. The stock is currently trading above its 5-day, 100-day, and 200-day moving averages, although it remains below its 20-day and 50-day moving averages.

Overall, the strong buying pressure may be attributed to recent positive trends in the stock's performance relative to the broader market, particularly over the last three months, where it has surged by 31.54% compared to the Sensex's 4.48% increase.