Why is Handson Global falling/rising?

Nov 04 2025 09:41 PM IST
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As of 04-Nov, Handson Global Management (HGM) Ltd's stock price is at 74.44, down 3.07% and underperforming its sector. Despite increased investor participation, the stock has shown negative returns over various periods and is facing specific challenges contributing to its decline.
As of 04-Nov, Handson Global Management (HGM) Ltd is experiencing a decline in its stock price, currently at 74.44, which represents a decrease of 2.36 or 3.07%. The stock has underperformed its sector by 2.08% today and has been on a downward trend for the last two days, accumulating a total loss of 4.56% during this period. It opened significantly lower today, with a gap down of 4.82%, and reached an intraday low of Rs 73.07, reflecting a drop of 4.86%. In terms of performance over various periods, the stock has shown a negative return of 3.31% over the past week and a year-to-date decline of 7.87%, contrasting with a positive return of 1.44% over the past year. Notably, while the stock is currently trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. There is a notable increase in investor participation, with delivery volume rising by 116.15% against the 5-day average, indicating some interest despite the price drop.

Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.38% over the past week, Handson Global's performance has been significantly worse, indicating a relative weakness in the stock. While the Sensex has shown a positive return of 2.77% over the past month, HGM's performance has been nearly flat at 0.04%, further highlighting its struggles. The broader market context suggests that while the overall market has been resilient, Handson Global is facing specific challenges that are contributing to its recent price decline.
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