Why is Intl. Travel Hse falling/rising?
As of 15-Oct, International Travel House Ltd's stock price is at 451.10, down 2.97% and underperforming with a total decline of 5.75% over the last two days. The stock is trading below all major moving averages, indicating a bearish trend, despite a recent increase in delivery volume.
As of 15-Oct, International Travel House Ltd's stock price is currently at 451.10, reflecting a decrease of 13.8 points or 2.97%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 5.75% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a notable increase in delivery volume by 119.87% on October 14, which suggests rising investor participation, the overall performance remains weak, with the stock down 9.04% over the past month and 34.05% year-to-date.In the broader market context, the Sensex has shown a positive return of 1.02% over the past week, contrasting sharply with International Travel House Ltd's decline of 3.57% during the same period. This divergence highlights the stock's underperformance relative to the benchmark index. While the stock has seen significant gains over the longer term, such as a 103.02% increase over three years, its recent performance indicates a struggle to keep pace with market trends, contributing to the current downward movement.
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