Why is Intl. Travel Hse falling/rising?
As of 14-Nov, International Travel House Ltd's stock price is Rs 427.85, down 2.12% and has declined 4.89% over the past week. The stock is underperforming compared to the broader market and the Travel Services sector, with significant losses year-to-date.
As of 14-Nov, International Travel House Ltd is experiencing a decline in its stock price, currently at Rs 427.85, which reflects a decrease of Rs 9.25 or 2.12%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 4.89% over the past week. 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 rise in investor participation, with delivery volume increasing by 108.2% against the 5-day average, the stock's performance remains weak, particularly when compared to the Travel Services sector, which has gained 3.02%. The absence of any positive factors in the dashboard further highlights the challenges facing the stock.Broader Market Context: In the context of the broader market, the stock's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -4.89% compared to the Sensex's gain of 1.62%. Over the past month, the stock has declined by 7.97%, while the Sensex has increased by 3.09%. Year-to-date, International Travel House Ltd has seen a substantial drop of 37.45%, contrasting sharply with the Sensex's positive return of 8.22%. This stark difference in performance underscores the stock's struggles relative to the overall market, contributing to its downward trajectory.
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