Why is Hindustan Agrig. falling/rising?

Jun 06 2025 02:53 PM IST
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As of 05-Jun, Hindustan Agrigenetics Ltd is priced at Rs 70.00, down 1.96% and has underperformed recently with a total decline of 4.24% over the last two days. Despite strong year-to-date gains, the stock is currently in a correction phase, influenced by sector underperformance and increased volatility.
As of 05-Jun, Hindustan Agrigenetics Ltd is currently priced at Rs 70.00, reflecting a decline of Rs 1.4 or 1.96%. The stock has been underperforming recently, having fallen for the last two days with a total decline of 4.24%. Despite opening the day with a gain of 6.44% and reaching an intraday high of Rs 76, it subsequently dropped to a low of Rs 69. The stock has also shown a significant increase in delivery volume, rising by 732.77% against the 5-day average, indicating heightened investor participation. However, it has underperformed its sector by 2.54% today and is trading lower than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains above the 200-day moving average.

In the broader market context, Hindustan Agrigenetics Ltd has experienced a short-term decline of 7.43% over the past week, while the benchmark Sensex has only decreased by 0.23%. Over the past month, the stock has also underperformed, with a decline of 7.28% compared to a 0.80% increase in the Sensex. Despite a strong year-to-date performance of 34.59% and a 58.08% increase over the past year, the recent price movements suggest a correction phase, influenced by both sector underperformance and the stock's volatility in trading.
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