Why is Ishan Internat. falling/rising?
As of 15-Sep, Ishan International Ltd's stock price is 0.90, down 5.26%, and has significantly underperformed its sector and the broader market, with a year-to-date decline of 53.85%. Despite increased investor interest, the stock remains below key moving averages and has experienced a substantial annual decline of 72.31%.
As of 15-Sep, Ishan International Ltd's stock price is currently at 0.90, reflecting a decrease of 0.05 or 5.26%. The stock has underperformed its sector today by 5.3%. Although the stock is higher than its 20-day moving average, it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has experienced a significant decline of 72.31%, while year-to-date, it has fallen by 53.85%. Despite this, there has been a notable increase in investor participation, with delivery volume rising by 75% against the 5-day average, indicating some interest in trading the stock. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's performance over the past week and month has been flat, with a return of 0.00%, while the benchmark Sensex has increased by 1.20% and 1.78%, respectively. This indicates that Ishan International Ltd is lagging behind the market, contributing to its downward price movement. The stark contrast in year-to-date performance, with the stock down 53.85% compared to the Sensex's gain of 6.02%, further emphasizes the challenges faced by the company in the current market environment.
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