Why is Hemant Surgical falling/rising?

Sep 29 2025 11:44 PM IST
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As of 29-Sep, Hemant Surgical Industries Ltd's stock price is Rs 318.85, down 2.0% and has declined 13.14% over the past week. Despite strong long-term returns, recent investor participation has dropped significantly, indicating negative market sentiment.
As of 29-Sep, Hemant Surgical Industries Ltd is experiencing a decline in its stock price, currently at Rs 318.85, which reflects a decrease of Rs 6.5 or 2.0%. The stock has been on a downward trend, having fallen consecutively for the last seven days, resulting in a total decline of 13.14% during this period. Additionally, the stock opened with a loss of 2% today and has not shown any price range movement since opening. The stock's performance today has underperformed its sector by 2.84%. In terms of returns, while the stock has shown a year-to-date increase of 152.65% and a one-year increase of 109.77%, it has recently underperformed in the short term, with a weekly decline of 9.58%.

In the broader market context, the Sensex has also experienced a decline of 2.18% over the past week, indicating that the stock's short-term performance is worse than the benchmark. Despite the stock's strong long-term performance, the recent drop in investor participation, with delivery volume falling by 68.75% against the five-day average, suggests a lack of confidence among investors. The stock remains liquid enough for trading, but the current market sentiment appears to be negative, contributing to the recent price decline.
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