Why is Harshdeep Horti. falling/rising?
As of 18-Sep, Harshdeep Hortico Ltd's stock price is Rs 102.00, down 3.13% and has declined 5.51% over the last two days. Despite strong year-to-date returns, the stock is underperforming compared to the Sensex and facing decreased investor participation.
As of 18-Sep, Harshdeep Hortico Ltd's stock price is currently at Rs 102.00, reflecting a decline of Rs 3.3 or 3.13%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.51% during this period. Today's trading saw the stock reach an intraday low of Rs 100.15, indicating a significant drop of 4.89%. Additionally, the stock's performance over the past week shows a decrease of 3.77%, and over the past month, it has declined by 5.99%. The delivery volume has also decreased by 34.78% compared to the five-day average, suggesting a drop in investor participation. There is no information available regarding positive or negative factors impacting the stock.Broader market context indicates that while Harshdeep Hortico Ltd has shown strong year-to-date and one-year returns of 36.91% and 41.49% respectively, it is currently lagging behind the benchmark Sensex, which has gained 1.80% over the past week and 2.14% over the past month. This underperformance in the short term, coupled with a decline in investor participation and liquidity concerns, highlights the challenges the stock is facing relative to the broader market trends.
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