Why is Tarini Internat. falling/rising?
As of 23-Sep, Tarini International Ltd's stock price has declined to 12.35, down 6.37%, and has underperformed its sector significantly. The stock is trading below all major moving averages and has seen a 49.09% drop year-to-date, contrasting with the broader market's stability.
As of 23-Sep, Tarini International Ltd is experiencing a decline in its stock price, currently at 12.35, which reflects a decrease of 0.84 or 6.37%. The stock has underperformed its sector by 5.71% today and has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The delivery volume has also significantly decreased, with a drop of 58.33% against the 5-day average, indicating falling investor participation. The stock's year-to-date performance shows a substantial decline of 49.09%, while its 1-year return is down 56.17%.In the broader market context, the Sensex has shown a slight increase of 0.98% over the past month, contrasting sharply with Tarini International's decline of 0.56% during the same period. Year-to-date, while the Sensex has gained 5.07%, Tarini's significant drop highlights its underperformance relative to the benchmark. This stark difference in performance suggests that the broader market is experiencing stability or growth, while Tarini International is facing challenges that are negatively impacting its stock price.
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