Why is Haryana Leather falling/rising?

Nov 18 2025 10:06 PM IST
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As of 18-Nov, Haryana Leather Chemicals Ltd's stock price is Rs 74.30, down 1.98%, with a 3.13% decline over the past week and a 13.64% drop year-to-date. Despite increased investor participation, the stock has underperformed relative to the market, indicating ongoing challenges.
As of 18-Nov, Haryana Leather Chemicals Ltd's stock price is currently at Rs 74.30, reflecting a decrease of Rs 1.5, or 1.98%. The stock has underperformed its sector by 1% today, and it experienced erratic trading, not trading on one day out of the last 20. The stock touched an intraday low of Rs 71.6, which is a decline of 5.54%. In terms of performance over different periods, the stock has seen a 3.13% decline over the past week and a 13.64% drop year-to-date, while it has shown a positive return of 78.82% over the last three years. There is a notable increase in investor participation, with delivery volume on 17 November rising by 436.49% compared to the five-day average, indicating some interest despite the current price decline. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.

Broader Market Context: The stock's performance in the short term has been weaker compared to the benchmark, with a 3.13% decline over the past week, while the Sensex has increased by 0.96%. Year-to-date, Haryana Leather has fallen by 13.64%, contrasting sharply with the Sensex's gain of 8.36%. This underperformance suggests a challenging environment for the stock relative to the broader market, which may be contributing to the downward price movement. Overall, while there are signs of increased trading activity, the stock's recent performance and broader market trends indicate a struggle to maintain upward momentum.
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