Finance

Housing Development Finance Corp. underperforms Wednesday when compared to competitors

Published

on

Housing Development Finance Corp. Ltd.
500010,
-1.98%
shares slid 1.98% to 2,639.75 Indian rupees Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index
1,
-0.55%
falling 0.55% to 62,622.24.

Housing Development Finance Corp. Ltd. closed 227.25 rupees below its 52-week high (2,867.00 rupees), which the company achieved on May 4.

The stock underperformed when compared to some of its competitors Wednesday, as Can Fin Homes Ltd.
CANFINHOME,
+2.45%
rose 2.45% to 707.20 rupees and Poonawalla Fincorp Ltd.
POONAWALLA,
+1.71%
rose 1.71% to 345.75 rupees.

Trading volume (92,444) eclipsed its 50-day average volume of 41,718.


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.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version