Finance

Housing Development Finance Corp. outperforms competitors despite losses on the day

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Housing Development Finance Corp. Ltd.
500010,
-0.16%
shares inched down 0.16% to 2,711.95 Indian rupees Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P BSE Sensex Index
1,
+0.48%
rising 0.48% to 61,729.68.

Housing Development Finance Corp. Ltd. closed 155.05 rupees below its 52-week high (2,867.00 rupees), which the company reached on May 4.

Despite its losses, the stock outperformed some of its competitors Friday, as Can Fin Homes Ltd.
CANFINHOME,
-1.35%
fell 1.35% to 666.35 rupees and Poonawalla Fincorp Ltd.
POONAWALLA,
-0.43%
fell 0.43% to 334.55 rupees.

Trading volume (23,814) remained 13,880 below its 50-day average volume of 37,694.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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