Why is Risa Internatio. falling/rising?
As of 08-Aug, Risa International Ltd's stock price is 0.67, down 1.47%, with a month-long decline of 25.56%, significantly underperforming the Sensex. Despite a 100.12% increase in delivery volume, the stock remains below its moving averages, indicating a bearish trend.
As of 08-Aug, Risa International Ltd is experiencing a decline in its stock price, currently at 0.67, which reflects a decrease of 0.01 or 1.47%. The stock has shown a poor performance over the past month, with a return of -25.56%, significantly underperforming the benchmark Sensex, which has only declined by 4.60% during the same period. Additionally, Risa International is trading below its moving averages across various time frames, indicating a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 100.12% compared to the 5-day average, suggesting some interest despite the overall negative performance. Unfortunately, there is no information available regarding positive or negative factors that could further clarify the stock's recent movement.In the broader market context, Risa International's short-term performance has been notably worse than the benchmark, as evidenced by its 1-week return of -2.90% compared to the Sensex's decline of only -0.92%. This stark contrast highlights the stock's struggles relative to the overall market. Year-to-date, Risa International has seen a significant drop of 39.09%, while the Sensex has gained 2.20%, further emphasizing the stock's underperformance in the current market environment.
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