Why is Tarini Internat. falling/rising?
As of 24-Oct, Tarini International Ltd's stock price is Rs 12.79, down 8.18%, with significant volatility and a year-to-date decline of 47.28%. The stock has underperformed its sector and the broader market, indicating ongoing challenges in attracting investor confidence.
As of 24-Oct, Tarini International Ltd's stock price is currently at Rs 12.79, reflecting a decrease of Rs 1.14 or 8.18%. The stock has shown erratic trading patterns, having not traded on 3 out of the last 20 days, and today it opened with a gain of 4.09%, reaching an intraday high of Rs 14.5 before falling to its current price. The stock has underperformed its sector by 7.96% today, and it has experienced high volatility with an intraday volatility of 6.23%. Additionally, the stock's year-to-date return is down 47.28%, and it has declined 53.13% over the past year, indicating significant long-term challenges. There is also a noted decrease in investor participation, with delivery volume dropping by 28.57% against the 5-day average.Broader Market Context: In comparison to the benchmark Sensex, which has gained 0.31% over the past week and 3.05% over the past month, Tarini International Ltd's short-term performance has been relatively weak, with a 0.71% increase over the past week but a decline of 1.99% over the past month. The broader market has shown resilience with a year-to-date increase of 7.77%, contrasting sharply with Tarini's significant losses. This disparity highlights the challenges faced by Tarini International Ltd in attracting investor confidence amidst a generally positive market environment.
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