Why is Retina Paints falling/rising?
As of 24-Sep, Retina Paints Ltd's stock price is 71.80, down 0.83%, and has declined 2.45% over the last three days. Despite a slight weekly increase of 0.98%, it has underperformed significantly over the past month with a 10.81% drop, and delivery volume has decreased by 86.3%, indicating reduced investor interest.
As of 24-Sep, Retina Paints Ltd is experiencing a decline in its stock price, currently at 71.80, reflecting a decrease of 0.6 or 0.83%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 2.45% during this period. Additionally, the stock's performance today has underperformed its sector by 1.21%. Over the past week, the stock has shown a slight increase of 0.98%, but it has significantly underperformed over the past month with a decline of 10.81%. The delivery volume has also seen a drastic drop of 86.3% compared to the 5-day average, indicating falling investor participation. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, the Sensex has experienced a decline of 1.18% over the past week, which suggests that the overall market sentiment is somewhat negative. However, Retina Paints' performance over the same period is relatively better, indicating that while the stock is falling, it is doing so at a slower rate compared to the benchmark. Year-to-date, the stock has decreased by 2.11%, while the Sensex has gained 4.58%, further highlighting the stock's underperformance in comparison to the broader market.
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