Why is Hariyana Ship falling/rising?

Sep 19 2025 10:34 PM IST
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As of 19-Sep, Hariyana Ship Breakers Ltd's stock price is at 115.05, down 1.67%. The stock has underperformed its sector and the broader market, showing a year-to-date decline of 9.16%, despite a recent increase in delivery volume indicating rising investor interest.
As of 19-Sep, Hariyana Ship Breakers Ltd's stock price is currently at 115.05, reflecting a decrease of 1.95, or 1.67%. The stock has underperformed its sector today by 1.21% and has experienced a trend reversal after two consecutive days of gains. Although it opened with a gain of 2.74% and reached an intraday high of Rs 120.2, it subsequently fell to a low of Rs 113.25. The stock's performance over the past week shows a decline of 3.60%, while it has gained 3.74% over the past month. Year-to-date, the stock is down 9.16%, and over the past year, it has decreased by 12.51%. The recent increase in delivery volume by 28.31% suggests rising investor participation, but the stock's weighted average price indicates more trading occurred closer to its low price.

Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.88% over the past week, Hariyana Ship Breakers Ltd's performance has been notably weaker. The stock's year-to-date decline of 9.16% contrasts with the Sensex's increase of 5.74%, highlighting a significant underperformance in the broader market context. Despite a strong performance over the last three and five years, the current short-term trends indicate challenges for the stock, particularly as it has not maintained momentum following its initial gains today.
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