Why is Hemant Surgical falling/rising?

Sep 24 2025 11:38 PM IST
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As of 24-Sep, Hemant Surgical Industries Ltd's stock price is Rs 338.70, down 2.0%, with a significant decline in investor participation and a 7.74% drop over the last four days. Despite strong long-term gains, its recent performance lags behind both its sector and the broader market.
As of 24-Sep, Hemant Surgical Industries Ltd is experiencing a decline in its stock price, currently at Rs 338.70, which reflects a decrease of Rs 6.9 or 2.0%. The stock has been underperforming, having lost 7.74% over the last four days and opened today with a loss of 2%. It has also underperformed its sector by 1.38% today. Despite a strong year-to-date return of 168.38% and a one-month increase of 21.20%, the recent trend indicates a significant drop in investor participation, with delivery volume plummeting by 91.23% compared to the five-day average. There is no information available regarding positive or negative factors that could influence the stock's movement.

In the broader market context, Hemant Surgical's recent performance contrasts sharply with the benchmark Sensex, which has only decreased by 1.18% over the past week. This indicates that while the stock has shown impressive long-term gains, its short-term performance is lagging behind both the sector and the overall market. The stock's current price is higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but it is lower than its 5-day moving average, suggesting a recent shift in momentum that may be contributing to the decline.
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