Why is Haria Apparels falling/rising?
As of 06-Oct, Haria Apparels Ltd is priced at 5.95, down 0.67%, and has lost 7.03% over the last two days. Despite trading above key moving averages and having a positive month, declining investor participation and recent price drops indicate short-term struggles.
As of 06-Oct, Haria Apparels Ltd is currently priced at 5.95, reflecting a decrease of 0.04 or 0.67%. The stock has been experiencing a decline, having lost 7.03% over the last two days, marking a consecutive fall. Despite this recent downturn, Haria Apparels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive long-term trend. However, there has been a significant drop in investor participation, with delivery volume falling by 56.54% compared to the 5-day average, which may be contributing to the stock's recent price decline. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's movement.In the broader market context, Haria Apparels has shown a 1-week return of 0.85%, which is lower than the Sensex's return of 1.77% during the same period. Over the past month, the stock has outperformed the benchmark with a return of 2.59% compared to the Sensex's 1.34%. However, the stock's performance over the past year has been slightly negative at -0.67%, while the Sensex has gained 0.12%. This suggests that while Haria Apparels has had some positive momentum recently, its short-term struggles and declining investor interest may be overshadowing its longer-term gains.
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