Why is Risa Internatio. falling/rising?
As of 15-Oct, Risa International Ltd's stock price is 0.80, having increased by 1.27% after a decline. Despite a recent short-term gain, the stock has significantly underperformed year-to-date and over the past year, indicating a concerning long-term outlook.
As of 15-Oct, Risa International Ltd's stock price is currently at 0.80, reflecting an increase of 0.01 or 1.27%. The stock has shown a trend reversal, gaining after three consecutive days of decline. However, it has underperformed its sector by 0.5%. In terms of returns, the stock has experienced a significant decline of 27.27% year-to-date and 47.02% over the past year, despite a positive return of 17.65% over the past month. The stock's delivery volume has decreased by 32.44% compared to the five-day average, indicating falling investor participation. There is no information available regarding positive or negative factors that could impact the stock's recent movement.Broader market context shows that while Risa International Ltd has struggled in the long term, it has outperformed the benchmark Sensex over the past month. The Sensex has only increased by 1.00% in the same timeframe, suggesting that the stock's recent rise may be a temporary rebound amidst a broader trend of underperformance. Overall, the stock's short-term gains are notable, but the long-term outlook remains concerning compared to the benchmark's performance.
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