Why is Hariyana Ship falling/rising?

Sep 11 2025 10:31 PM IST
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As of 11-Sep, Hariyana Ship Breakers Ltd is seeing a price increase to Rs 117.50, up 5.52%, with strong short-term performance but negative year-to-date returns of -7.22%. Despite this, the stock has outperformed the Sensex over three years with a return of +65.26%.
As of 11-Sep, Hariyana Ship Breakers Ltd is experiencing a price increase, currently at Rs 117.50, reflecting a rise of Rs 6.15 or 5.52%. The stock opened with a significant gain of 6.74% today and reached an intraday high of Rs 118.85. It has outperformed its sector by 5.81% today, and there has been a notable increase in investor participation, with delivery volume rising by 46.38% compared to the 5-day average. Over the past week, the stock has shown a return of +3.71%, which is considerably higher than the Sensex's +1.03%. However, the stock's year-to-date performance remains negative at -7.22%, contrasting with the Sensex's positive return of +4.36%.

In the broader market context, while the stock has shown strong short-term performance relative to the benchmark, its longer-term returns indicate a more challenging environment, with a decline of -13.92% over the past year compared to the Sensex's minimal change of +0.03%. The stock's performance over three years is impressive at +65.26%, significantly outpacing the Sensex's +36.38%. Despite the lack of specific positive or negative factors provided, the recent price movement and increased trading activity suggest a favorable sentiment among investors, contributing to the stock's rise.
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