Why is Indian Terrain falling/rising?
As of 09-Oct, Indian Terrain Fashions Ltd's stock price is at 34.80, down 1.5% and has declined 6.1% over the last four days. The stock has significantly underperformed year-to-date with a 27.12% drop, contrasting with a positive broader market performance.
As of 09-Oct, Indian Terrain Fashions Ltd's stock price is currently at 34.80, reflecting a decrease of 0.53, or 1.5%. The stock has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 6.1% during this period. Additionally, the stock has underperformed its sector by 2.37%. In terms of returns, while the stock has shown a modest increase of 4.57% over the past week and 2.99% over the past month, it has significantly underperformed on a year-to-date basis with a decline of 27.12% and a staggering 56.06% drop over the past three years. There is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader Market Context: The Sensex has increased by 1.47% over the past week and 1.32% over the past month, indicating that the broader market is performing positively in comparison to Indian Terrain's recent performance. This contrast highlights the stock's struggle, particularly as it has not kept pace with the benchmark indices, which have shown resilience and growth. The falling investor participation, evidenced by a 35.14% drop in delivery volume against the five-day average, further suggests a lack of confidence among investors, contributing to the stock's decline amidst a generally favorable market environment.
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