Why is Repro India falling/rising?
As of 18-Nov, Repro India Ltd. is facing a decline in stock price, currently at Rs 494.45, down 8.21% and underperforming its sector. The stock has fallen 14.65% over the last three days and is trading below all key moving averages, indicating a bearish trend.
As of 18-Nov, Repro India Ltd. is experiencing a decline in its stock price, currently at Rs 494.45, which reflects a decrease of Rs 44.2 or 8.21%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 14.65% during this period. Additionally, it has underperformed its sector by 7.73% today. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 57.67% against the 5-day average, the overall sentiment remains negative, contributing to the stock's downward movement.In the broader market context, Repro India's short-term performance has been significantly worse than the benchmark Sensex, which has gained 0.96% over the past week while Repro India has dropped 13.58%. This stark contrast highlights the stock's struggles relative to the market. Furthermore, while the stock has shown positive returns over a three-year period (+22.09%), its year-to-date performance is down 8.58%, contrasting with the Sensex's gain of 8.36% in the same timeframe. The high volatility observed today, with an intraday volatility of 5.21%, further underscores the uncertainty surrounding the stock's performance.
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