Why is Tarini Internat. falling/rising?
As of 17-Sep, Tarini International Ltd's stock price is at 12.50, down 6.02%, and has significantly underperformed its sector and the broader market. The stock shows a bearish trend with declining trading volume and substantial year-to-date and one-year losses.
As of 17-Sep, Tarini International Ltd's stock price is currently at 12.50, reflecting a decrease of 0.8, or 6.02%. The stock has underperformed its sector today by 6.25%, and it has shown erratic trading patterns, not trading on 3 out of the last 20 days. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased by 52.38% compared to the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock has fallen by 48.47%, and over the past year, it has decreased by 59.02%, further highlighting its poor performance relative to the benchmark.In contrast, the broader market, represented by the Sensex, has shown a positive return of 1.56% over the past week and 2.60% over the past month. While Tarini International Ltd has experienced a slight increase of 0.64% over the past month, its year-to-date and one-year performance remains significantly negative compared to the Sensex, which has gained 5.83% year-to-date and is nearly flat over the past year with a decrease of only 0.46%. This stark contrast in performance underscores the challenges faced by Tarini International Ltd in attracting investor interest and maintaining liquidity in a market that is otherwise showing resilience.
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