Why is Intl. Travel Hse falling/rising?
As of 11-Aug, International Travel House Ltd's stock price is at 451.20, down 0.84% and has declined 3.71% over the last three days. The stock has significantly underperformed both its sector and the broader market, with a year-to-date drop of 34.04%, despite a relatively attractive valuation.
As of 11-Aug, International Travel House Ltd's stock price is currently at 451.20, reflecting a decrease of 3.8 points or 0.84%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.71% during this period. It has also underperformed its sector by 0.79% today. Over the past week, the stock has decreased by 4.35%, and its year-to-date performance shows a significant decline of 34.04%. Despite a relatively attractive valuation with a Price to Book Value of 2.2 and a return on equity of 16.5%, the stock's long-term growth prospects appear poor, as evidenced by a modest annual net sales growth rate of 7.38% over the last five years and a substantial drop of 25.55% in the past year.In the broader market context, the Sensex has only declined by 0.51% over the past week and has gained 3.15% year-to-date, indicating that International Travel House Ltd is lagging significantly behind the market. While the stock has shown strong performance over the longer term, with a 216.30% increase over three years, its recent performance has been disappointing compared to the benchmark. The company's flat results in June and its underperformance relative to the market highlight the challenges it faces, contributing to the current downward trend in its stock price.
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