Why is Hind.Tin Works falling/rising?
As of 17-Oct, Hindustan Tin Works Ltd's stock price is at 144.05, down 1.74%, and has declined 5.48% over the last four days. It is trading below all key moving averages, with a significant drop in delivery volume, indicating weak investor participation and underperformance compared to the market.
As of 17-Oct, Hindustan Tin Works Ltd is experiencing a decline in its stock price, currently at 144.05, which reflects a decrease of 2.55 or 1.74%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.48% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The delivery volume has also decreased significantly, with a 52.7% drop compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, the stock's performance over the past week shows a decline of 3.13%, while the benchmark Sensex has increased by 1.76%. This stark contrast highlights the stock's underperformance relative to the market. Over the year-to-date, Hindustan Tin Works has seen a significant decline of 27.06%, while the Sensex has gained 7.44%, further emphasizing the challenges faced by the company in the current market environment.
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