Why is Tarini Internat. falling/rising?
As of 18-Sep, Tarini International Ltd's stock price is at 12.44, down 0.48%, and has underperformed significantly, losing 48.72% year-to-date and 57.07% over the past year. The stock is trading below all moving averages and has seen a drastic decline in delivery volume, indicating weak investor interest amidst a generally rising market.
As of 18-Sep, Tarini International Ltd's stock price is currently at 12.44, reflecting a decrease of 0.06, or 0.48%. The stock has been underperforming, having lost 6.47% over the last two days and is trading below all its moving averages, indicating a bearish trend. Additionally, the stock has shown erratic trading patterns, not trading on three out of the last twenty days. The delivery volume has significantly decreased, falling by 76.19% compared to the five-day average, suggesting a decline in investor participation. Year-to-date, the stock has plummeted by 48.72%, and over the past year, it has dropped by 57.07%, further highlighting its struggles.In the broader market context, the Sensex has gained 1.80% over the past week and 2.14% over the past month, contrasting sharply with Tarini International's decline of 5.33% and a slight increase of 0.16% over the same periods. This underperformance relative to the benchmark indicates that while the overall market is experiencing growth, Tarini International is facing significant challenges. The stark difference in returns, especially the year-to-date and one-year figures, underscores the stock's difficulties in attracting investor confidence compared to the broader market trends.
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