Reliance Home Finance Faces Increased Selling Pressure Amid Recent Price Declines
Reliance Home Finance Ltd is experiencing notable selling pressure, with the stock declining for two consecutive days despite a strong monthly performance. Currently trading near its 52-week high, the stock's recent downturn contrasts with broader market trends, indicating a potential shift in investor sentiment.
Reliance Home Finance Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has recorded a decline of 1.95%, contrasting sharply with the Sensex, which has gained 0.61%. This marks the second consecutive day of losses for Reliance Home Finance, totaling a drop of 3.83% over this period.Despite a strong performance over the past month, where the stock surged by 128.48%, the recent trend indicates a shift in market sentiment. Over the last week, the stock outperformed the Sensex with an 11.05% increase, but the current selling activity suggests a potential reevaluation by investors.
In terms of price summary, Reliance Home Finance is currently trading just 3.98% below its 52-week high of Rs 7.84. The stock has been underperforming its sector by 1.38% today, and it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The combination of these factors may be contributing to the heightened selling pressure observed in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
