Why is Retro Green falling/rising?
As of 10-Jun, Retro Green Revolution Ltd's stock price is declining at 5.65, down 11.44%, with significant losses over the past days and weeks, and a year-to-date drop of 38.59%. Despite increased investor participation, the stock is underperforming compared to the broader market, which has shown gains.
As of 10-Jun, Retro Green Revolution Ltd is experiencing a decline in its stock price, currently at 5.65, which reflects a decrease of 0.73 or 11.44%. The stock has been underperforming significantly, having lost 18.71% over the last two days and showing a 19.29% drop over the past week. It is trading below all key moving averages, indicating a bearish trend. Additionally, while there has been a notable increase in investor participation with delivery volume rising by 503.7% compared to the 5-day average, the overall performance remains weak, as evidenced by the stock's year-to-date decline of 38.59% and a 1-year drop of 36.66%. There are no positive or negative factors available to provide further context on the stock's movement.In the broader market context, the Sensex has shown resilience, gaining 2.05% over the past week and 5.44% year-to-date, contrasting sharply with Retro Green's poor performance. This disparity highlights the stock's significant underperformance relative to the benchmark, as it has not only lagged in the short term but also over longer periods, with a staggering 46.80% decline over the last three years compared to the Sensex's 51.72% gain. The ongoing negative sentiment surrounding Retro Green, coupled with the broader market's positive trajectory, further exacerbates the stock's challenges.
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