Why is Haryana Capfin falling/rising?
As of 16-Sep, Haryana Capfin Ltd's stock price is Rs 182.40, down 1.41%, and has underperformed its sector. The stock is trading below all major moving averages, with a significant year-to-date decline of 39.24%, contrasting sharply with the Sensex's gains.
As of 16-Sep, Haryana Capfin Ltd is experiencing a decline in its stock price, currently at Rs 182.40, which represents a decrease of Rs 2.6 or 1.41%. The stock has underperformed its sector by 1.69% today and reached an intraday low of Rs 180.05, reflecting a drop of 2.68%. Additionally, Haryana Capfin is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with a drop of 84.25% compared to the 5-day average, suggesting a lack of investor interest. Year-to-date, the stock has seen a substantial decline of 39.24%, while over the past year, it has decreased by 34.03%.In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has gained 1.58% over the past week and 2.21% over the past month. While Haryana Capfin has shown a positive return of 0.75% over the last month, its year-to-date and yearly declines are significantly worse than the Sensex's performance. This disparity highlights the stock's struggles in attracting investor confidence, particularly in light of its falling trading volumes and underperformance relative to the market.
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