Why is Haryana Capfin falling/rising?
As of 23-Jun, Haryana Capfin Ltd's stock price is Rs 191.40, down 2.35%, and has underperformed its sector by 2.88%. Despite increased investor participation, the stock has declined 36.24% year-to-date, contrasting with the Sensex's positive return of 4.81%.
As of 23-Jun, Haryana Capfin Ltd is experiencing a decline in its stock price, currently at Rs 191.40, reflecting a decrease of Rs 4.6 or 2.35%. The stock has underperformed its sector by 2.88% today, opening with a significant loss of 5.31% and reaching an intraday low of Rs 185.6. Over the past week, the stock has seen a decline of 5.83%, while its year-to-date performance shows a substantial drop of 36.24%. Despite a notable increase in investor participation, with delivery volume rising by 58.06% against the 5-day average, the stock remains below several moving averages, indicating bearish sentiment.In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting with Haryana Capfin's decline. The stock's performance is particularly concerning given its year-to-date return of -36.24%, which starkly contrasts with the Sensex's positive return of 4.81%. This divergence suggests that while the overall market is experiencing stability or growth, Haryana Capfin is facing specific challenges that are negatively impacting its stock price.
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