Why is HB Leasing &Fin. falling/rising?
As of 06-Nov, HB Leasing & Finance Co Ltd's stock price is at 13.60, down 3.75% and has declined 12.54% over the last three days. Despite recent underperformance, the stock has shown strong historical returns over three and five years compared to the benchmark Sensex.
As of 06-Nov, HB Leasing & Finance Co Ltd's stock price is currently at 13.60, reflecting a decrease of 0.53, or 3.75%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 12.54% during this period. Despite a positive performance over the past week and month, the year-to-date return shows a significant drop of 12.43%, and the one-year return is down 21.84%. The stock is currently trading above its 20-day and 50-day moving averages but below its 5-day, 100-day, and 200-day moving averages. There has been a notable increase in investor participation, with delivery volume rising by 28.1% against the 5-day average, indicating some interest despite the recent price decline. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context shows that while HB Leasing & Finance has experienced a decline, the benchmark Sensex has also faced challenges, with a 1.30% drop over the past week. However, the stock's short-term performance has been worse than the benchmark, as it has underperformed the sector by 2.92% today. In the longer term, the stock has outperformed the Sensex over three years and five years, with returns of 198.25% and 1103.54%, respectively. This suggests that while the stock is currently facing downward pressure, it has had a strong historical performance compared to the broader market.
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