Why is Sun Retail falling/rising?
As of 11-Nov, Sun Retail Ltd's stock price is 0.41, down 2.38%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 46.75% and a 65.58% drop over five years. The stock is in a bearish trend, trading below moving averages, while the Sensex has gained 0.49% over the past week.
As of 11-Nov, Sun Retail Ltd is experiencing a decline in its stock price, currently at 0.41, which reflects a decrease of 0.01 or 2.38%. The stock has underperformed its sector by 3.52% today and has been on a downward trend, falling for the last two days with a total return of -4.65% over the past week. Additionally, the stock has shown significant underperformance over longer periods, with a year-to-date decline of 46.75% and a staggering 65.58% drop over the past five years. The stock is trading below its moving averages across all time frames, indicating a bearish trend. There is no information available regarding positive or negative factors affecting the stock.In the broader market context, the Sensex has shown a positive return of 0.49% over the past week, contrasting sharply with Sun Retail's decline. This suggests that while the overall market is experiencing gains, Sun Retail is lagging significantly behind, highlighting its struggles in comparison to the benchmark. The stock's performance over the past month and year also reflects a stark divergence from the market, with the Sensex gaining 1.66% and 5.50%, respectively, while Sun Retail has faced substantial losses. This underperformance relative to the benchmark indicates a challenging environment for Sun Retail amidst a generally improving market.
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