Why is Haria Apparels falling/rising?
As of 12-Nov, Haria Apparels Ltd's stock price is declining at 6.02, down 6.52% today, and has underperformed its sector. Despite a significant increase in delivery volume, the stock's recent short-term performance is concerning, contrasting with its strong long-term gains.
As of 12-Nov, Haria Apparels Ltd is experiencing a decline in its stock price, currently at 6.02, which reflects a decrease of 0.42 or 6.52%. The stock has underperformed its sector by 7.44% today, despite having a higher performance compared to its 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day and 20-day moving averages. Notably, the delivery volume has increased by 45.62% against the 5-day average, indicating rising investor participation. The stock's performance over the past week shows a significant decline of 12.63%, contrasting with a positive return of 7.12% over the past month and a year-to-date return of 12.31%.In the broader market context, the Sensex has shown a positive return of 1.21% over the past week, highlighting that Haria Apparels' recent decline is not reflective of the overall market trend. While the stock has performed well over longer periods, such as a 414.53% increase over the past five years, its short-term performance is concerning. The lack of available positive or negative factors further complicates the understanding of the stock's recent movement, as there are no specific catalysts identified that could explain the current downward trend.
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