Why is Hariyana Ship falling/rising?

Sep 05 2025 10:10 PM IST
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As of 05-Sep, Hariyana Ship Breakers Ltd is seeing a price increase to Rs 115.00, up 1.5%, with positive momentum over the last two days and a 5.50% rise over the past week. Despite a year-to-date decline of 9.20%, recent investor interest suggests potential for recovery.
As of 05-Sep, Hariyana Ship Breakers Ltd is experiencing a price increase, with the current price at Rs 115.00, reflecting a rise of Rs 1.7 or 1.5%. The stock has shown positive momentum, gaining 3.51% over the last two days and outperforming its sector by 0.97% today. It opened with a gain of 2.03% and reached an intraday high of Rs 115.6. In terms of longer-term performance, the stock has increased by 5.50% over the past week, although it has declined by 9.20% year-to-date and 19.41% over the past year. The rising investor participation, indicated by a 3.71% increase in delivery volume, suggests growing interest in the stock, which may be contributing to its recent upward movement. There is no information available regarding positive or negative factors that could further explain the stock's performance.

Broader market context shows that while Hariyana Ship Breakers Ltd has outperformed the Sensex by 4.37% over the past week, it has lagged behind the benchmark on a year-to-date basis, with the Sensex gaining 3.29% during the same period. The stock's performance over the last three years has been strong, with a return of 70.75%, significantly higher than the Sensex's 36.23%. However, the stock's performance over the last year has been notably poor compared to the benchmark, which has only declined by 1.81%. This discrepancy highlights the stock's volatility and the potential for recovery, as indicated by its recent gains amidst broader market trends.
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