Why is Hemant Surgical falling/rising?
As of 19-Sep, Hemant Surgical Industries Ltd is priced at 359.80, down 1.99% after a trend reversal following 14 days of gains. Despite this decline, the stock has performed well recently, with a 5.84% weekly return and a 185.10% year-to-date return, although reduced investor participation may indicate a decrease in demand.
As of 19-Sep, Hemant Surgical Industries Ltd is currently priced at 359.80, reflecting a decrease of 7.3 points or 1.99%. The stock has recently experienced a trend reversal after 14 consecutive days of gains, which has contributed to its current decline. Despite this drop, the stock has shown strong performance over the past week, with a return of 5.84%, and an impressive year-to-date return of 185.10%. However, it is currently trading 2.03% away from its 52-week high of Rs 367.1. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 18.03% against the 5-day average, indicating a potential decrease in demand.In the broader market context, Hemant Surgical's recent performance has outpaced the benchmark Sensex, which has only gained 0.88% over the past week. This suggests that while the stock has been performing well relative to the market, the current decline may be a correction after a significant rally. The stock remains liquid enough for trading, as it is based on 2% of the 5-day average traded value. Overall, the combination of a trend reversal, reduced investor participation, and a strong prior performance relative to the benchmark may explain the current downward movement in Hemant Surgical's stock price.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
