Why is Ishan Internat. falling/rising?
As of 24-Sep, Ishan International Ltd's stock price is 0.90, up 5.88% today, but it has declined 53.85% year-to-date and 70.49% over the past year, with reduced investor participation indicated by a 72.22% drop in delivery volume. Despite a recent monthly gain, the stock has underperformed against the Sensex over the past week.
As of 24-Sep, Ishan International Ltd's stock price is currently at 0.90, reflecting an increase of 0.05 or 5.88%. The stock has outperformed its sector today by 7.17%, although it is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Despite this positive movement today, the stock has experienced a significant decline over the year, with a year-to-date drop of 53.85% and a one-year decline of 70.49%. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 72.22% against the 5-day average, indicating reduced trading interest.In the broader market context, Ishan International Ltd's short-term performance shows a 5.88% increase over the past month, which contrasts with the Sensex's modest gain of 0.75% in the same period. However, over the past week, the stock has underperformed the benchmark, with a decline of 5.26% compared to the Sensex's drop of only 1.08%. This suggests that while the stock has seen a recent uptick, its overall performance remains weak relative to the market, particularly when considering its substantial losses over longer periods.
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