Why is Retina Paints falling/rising?

Jul 03 2025 10:37 PM IST
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As of 03-Jul, Retina Paints Ltd is currently priced at 59.70, reflecting a recent increase but a significant year-to-date decline of 18.61%. Despite short-term outperformance against the Sensex, its longer-term performance remains weak, indicating challenges in regaining investor confidence.
As of 03-Jul, Retina Paints Ltd is experiencing a price increase, currently at 59.70, which reflects a rise of 0.7 or 1.19%. The stock has shown positive momentum recently, gaining 2.75% over the last two days and outperforming its sector by 0.66% today. Additionally, the stock's performance over the past week has been strong, with a return of +4.94%, although it has seen a decline of 1.81% over the past month and a significant drop of 18.61% year-to-date. The stock's delivery volume has also increased by 5.26% compared to its 5-day average, indicating rising investor participation. There are no available positive or negative factors to further explain the stock's recent movement.

In the broader market context, while Retina Paints has outperformed the benchmark Sensex in the short term, with a 1-week return of +4.94% compared to the Sensex's -0.62%, its longer-term performance remains concerning. Over the past month, the Sensex has gained 3.10%, contrasting with Retina Paints' decline. Year-to-date, the stock has underperformed significantly, with a drop of 18.61% against the Sensex's gain of 6.53%. This disparity highlights the challenges Retina Paints faces in regaining investor confidence despite its recent positive price movement.
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