Why is Haryana Capfin falling/rising?
As of 23-Oct, Haryana Capfin Ltd's stock price is Rs 211.00, up 0.62%, with a notable 12.2% gain over the last five days, outperforming the sector. Despite a negative year-to-date return of -29.71%, recent performance indicates a potential recovery phase.
As of 23-Oct, Haryana Capfin Ltd is experiencing a price increase, with its current price at Rs 211.00, reflecting a rise of 1.3 (0.62%). The stock has shown strong performance recently, gaining 12.2% over the last five days and outperforming its sector by 0.48%. Additionally, Haryana Capfin has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The stock's performance over the past week has been particularly notable, with a return of +6.70%, while its year-to-date performance remains negative at -29.71%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.30% over the past week, Haryana Capfin's return of +6.70% indicates that it has significantly outperformed the broader market in the short term. This strong performance is further supported by rising investor participation, as evidenced by an 86.94% increase in delivery volume against the 5-day average. Despite the stock's poor year-to-date and one-year returns of -29.71% and -45.32% respectively, its recent upward momentum suggests a potential recovery phase, contrasting with the Sensex's positive year-to-date return of +8.21%.
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