Why is Reliance Home falling/rising?

Aug 28 2025 10:26 PM IST
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As of 28-Aug, Reliance Home Finance Ltd's stock price is at 4.93, down 0.6% and on a downward trend for three consecutive days, with a total decline of 10.2%. Despite a year-to-date increase of 21.73%, concerns about its negative book value and weak long-term fundamentals are affecting investor sentiment.
As of 28-Aug, Reliance Home Finance Ltd's stock price is currently at 4.93, reflecting a decrease of 0.03, or 0.6%. The stock has been on a downward trend, experiencing a consecutive fall for the last three days, resulting in a total decline of 10.2% during this period. Despite outperforming its sector by 1.15% today, the stock's delivery volume has significantly decreased, falling by 60.46% compared to the five-day average. Over the past week, the stock has underperformed with a return of -6.45%, while it has shown stronger performance over the longer term, with a year-to-date increase of 21.73% and a one-year return of 28.72%. However, the company has a negative book value and weak long-term fundamentals, which raises concerns among investors.

In the broader market context, while the stock has outperformed the benchmark Sensex over the last month and year, the recent negative performance contrasts sharply with the benchmark's decline of 2.34% over the past week. The overall market, represented by the BSE500, has generated negative returns of -5.01% in the last year, yet Reliance Home Finance has managed to achieve a notable return of 28.72%. This discrepancy highlights the stock's ability to generate returns despite broader market challenges, although the company's weak long-term growth prospects and negative book value may be contributing to investor caution and the recent price decline.
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