Why is Hind Aluminium falling/rising?

Jun 23 2025 10:12 PM IST
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As of 23-Jun, Hind Aluminium Industries Ltd's stock price is Rs 67.25, down 2.25%, and has underperformed with a 4.68% loss over the last four days. Despite a significant increase in delivery volume, the stock is trading below all major moving averages and has shown weaker performance compared to the benchmark Sensex.
As of 23-Jun, Hind Aluminium Industries Ltd is experiencing a decline in its stock price, currently at Rs 67.25, which reflects a decrease of Rs 1.55 or 2.25%. The stock has been underperforming, having lost 4.68% over the last four days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has shown a negative performance of 2.11% over the past week and 7.37% over the past month, while it has gained 8.57% over the past year. There is a notable increase in investor participation, with delivery volume rising by 73.46% compared to the 5-day average, indicating some interest despite the recent price decline. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.

In the broader market context, Hind Aluminium's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight increase of 0.12% over the past week and a gain of 4.81% year-to-date. This underperformance relative to the benchmark suggests that investor sentiment towards Hind Aluminium is weaker compared to the overall market. The stock's decline, coupled with its consecutive falls and underperformance against the sector, indicates a challenging environment for Hind Aluminium amidst a generally stable market backdrop.
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