Why is Hemang Resources falling/rising?

Nov 14 2025 09:42 PM IST
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As of 14-Nov, Hemang Resources Ltd's stock price is at 21.45, down 1.38%, and has underperformed its sector and the Sensex significantly over various time frames. The stock is in a bearish trend, trading below all key moving averages, with decreased investor participation indicated by lower delivery volume.
As of 14-Nov, Hemang Resources Ltd is experiencing a decline in its stock price, currently at 21.45, reflecting a decrease of 0.3 or 1.38%. The stock has underperformed its sector by 2.25% today and has been on a downward trend, losing value for the last two days with a total decline of 4.2%. Additionally, the stock 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 decreased by 4.35% compared to the 5-day average, suggesting a drop in investor participation. There are no positive or negative factors available to further explain the stock's recent movement.

In the broader market context, Hemang Resources has significantly underperformed compared to the Sensex, with a 1-week return of -4.67% against the benchmark's +1.62%. Over the past month, the stock has declined by 5.09%, while the Sensex has risen by 3.09%. Year-to-date, Hemang Resources is down 30.33%, contrasting sharply with the Sensex's gain of 8.22%. This stark difference in performance highlights the challenges faced by Hemang Resources in the current market environment.
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