Why is Haryana Capfin falling/rising?
As of 19-Nov, Haryana Capfin Ltd's stock price is at 195.05, down 4.43%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 35.03%. The stock's delivery volume has also dropped by 83.95%, indicating reduced investor interest.
As of 19-Nov, Haryana Capfin Ltd's stock price is currently at 195.05, reflecting a decrease of 9.05, or 4.43%. The stock has underperformed its sector today by 4.26%, opening with a loss of 2.5% and reaching an intraday low of 195.05. Over the past week, the stock has declined by 4.43%, and it has also shown a significant year-to-date drop of 35.03%. Additionally, the stock's delivery volume has decreased dramatically, falling by 83.95% compared to the 5-day average, indicating a decline in investor participation. While the stock is trading above its 50-day and 200-day moving averages, it is below its 5-day, 20-day, and 100-day moving averages, suggesting a bearish trend.In the broader market context, Haryana Capfin's recent performance contrasts sharply with the Sensex, which has gained 0.85% over the past week. This underperformance is indicative of the stock's struggles in comparison to the overall market. The stock's year-to-date decline of 35.03% starkly contrasts with the Sensex's positive return of 9.02%, highlighting the challenges faced by Haryana Capfin in attracting investor interest amid a generally favorable market environment.
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