Why is Ishan Internat. falling/rising?
As of 24-Jul, Ishan International Ltd's stock price is at 0.95, down 5.0%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 51.28%. The stock is trading below all major moving averages, and investor participation has decreased notably.
As of 24-Jul, Ishan International Ltd's stock price is currently at 0.95, reflecting a decrease of 0.05, or 5.0%. The stock has underperformed its sector by 4.56% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has declined by 5.00%, and its year-to-date performance shows a significant drop of 51.28%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 33.33% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Ishan International Ltd's performance over the past week has been flat at 0.00%, while the benchmark Sensex has slightly declined by 0.20%. The stock's year-to-date decline of 51.28% starkly contrasts with the Sensex's gain of 5.99%, indicating a significant underperformance relative to the broader market. This disparity highlights the challenges faced by Ishan International Ltd in attracting investor interest and maintaining liquidity, which may contribute to its ongoing price decline.
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