Tree House Education Faces Continued Decline Amid Broader Market Gains
Tree House Education & Accessories Ltd faced notable trading activity today, hitting the lower circuit limit with a last traded price of Rs 7.61. The stock underperformed against its sector, reaching an intraday high of Rs 8.27 before declining, and is currently below all major moving averages.
Tree House Education & Accessories Ltd, operating in the Other Consumer Services sector, has experienced significant activity today as its stock hit the lower circuit limit. The last traded price (LTP) was recorded at Rs 7.61, reflecting a decline of Rs 0.41 or 5.11% from the previous close. The stock's performance today has notably underperformed compared to its sector, which saw a 1.41% increase.The stock reached an intraday high of Rs 8.27 but fell to a low of Rs 7.61, indicating a price band limit of 5%. Total traded volume amounted to 0.295 lakh shares, resulting in a turnover of Rs 0.023 crore. Currently, Tree House Education is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a downward trend.
Additionally, the stock is approximately 4.32% away from its 52-week low of Rs 7.75. Despite a rise in delivery volume by 129.46% against the 5-day average, the stock has not shown any recovery, marking a continuous decline. Overall, Tree House Education & Accessories Ltd's performance today reflects ongoing challenges within the market.
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