Why is Hariyana Ship falling/rising?

Sep 18 2025 10:36 PM IST
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As of 18-Sep, Hariyana Ship Breakers Ltd is priced at 117.00, having gained 2.45% over the last two days. Despite recent gains, the stock is down 7.62% year-to-date, underperforming the benchmark Sensex, which has increased by 6.24%.
As of 18-Sep, Hariyana Ship Breakers Ltd is currently priced at 117.00, reflecting an increase of 1.0 (0.86%). The stock has been gaining for the last two days, with a total return of 2.45% during this period. Despite a day’s low of Rs 113.05, the stock has outperformed its sector by 1.62%. Over the past month, the stock has shown a positive return of 6.12%, although it has underperformed on a year-to-date basis with a decline of 7.62%. The stock's moving averages indicate a mixed performance, being higher than the 5-day, 20-day, and 50-day averages but lower than the 100-day and 200-day averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 11.83% against the 5-day average.

In the broader market context, the stock's short-term performance over the past week shows a decline of 0.43%, while the benchmark Sensex has increased by 1.80%. This indicates that while Hariyana Ship Breakers Ltd has experienced some recent gains, it is still lagging behind the overall market trend. The year-to-date performance further highlights this underperformance, with the stock down 7.62% compared to the Sensex's gain of 6.24%. Overall, the stock's recent upward movement can be attributed to short-term gains and increased investor interest, despite its longer-term challenges relative to the benchmark.
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