Why is Retina Paints falling/rising?
As of 04-Jul, Retina Paints Ltd is currently priced at 60.00, reflecting a recent upward trend with a 3.27% total return over the last three days. Despite short-term gains, the stock has a year-to-date decline of 18.20% and a one-year decline of 25.01%, indicating ongoing challenges compared to the broader market.
As of 04-Jul, Retina Paints Ltd is experiencing a price increase, currently at 60.00, reflecting a change of 0.3 or 0.5% upward. The stock has shown a positive performance today, outperforming its sector by 0.8%, and has been on a gaining streak for the last three days, accumulating a total return of 3.27% during this period. Additionally, the stock's performance over the past week indicates a gain of 1.27%, while it has seen a 3.88% increase over the past month. However, it is important to note that the stock has a year-to-date decline of 18.20% and a one-year decline of 25.01%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context shows that while Retina Paints Ltd has outperformed the Sensex by 1.27% over the past week, the benchmark has experienced a decline of 0.74%. This indicates that the stock is performing relatively well compared to the broader market in the short term. Despite the recent gains, the stock's year-to-date and one-year performance remains significantly lower than that of the Sensex, which has increased by 6.77% year-to-date and 4.23% over the past year. This contrast highlights the challenges Retina Paints Ltd faces in recovering from its previous losses, even as it shows signs of improvement in the short term.
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