News and Views
Extended Period of Negative Returns
Risa International’s recent performance starkly contrasts with the broader market’s positive momentum. Over the past week, the stock has fallen by 10.14%, significantly underperforming the Sensex, which declined marginally by 0.59%. The one-month return paints an even bleaker picture, with the stock shedding 20.51% while the Sensex gained 1.34%. Year-to-date, the stock has lost 43.64%, whereas the Sensex has appreciated by 8.92%. Over the last year, Risa International’s shares have plunged 48.33%, in sharp contrast to the Sensex’s 5.27% gain. These figures highlight a sustained period of weakness for the stock, diverging markedly from the broader market’s upward trend.
Technical Indicators Confirm Bearish SentimentRead More
