Why is Ishan Internat. falling/rising?
As of 03-Nov, Ishan International Ltd's stock price is at 0.90, up 5.88% today but down 53.85% year-to-date. Despite a slight increase, the stock is underperforming compared to the broader market and has seen a significant drop in investor participation.
As of 03-Nov, Ishan International Ltd's stock price is currently at 0.90, reflecting an increase of 0.05 or 5.88%. The stock has shown a performance today that outperformed its sector by 5.15%. However, despite this positive movement, the stock has experienced a significant decline year-to-date of 53.85% and a one-year decline of 58.14%. Additionally, the stock's delivery volume has fallen drastically by 81.48% against the 5-day average, indicating a drop in investor participation. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but remains below its 100-day and 200-day moving averages, suggesting mixed signals regarding its recent performance.In the broader market context, the stock's short-term performance has been flat over the past week, with a return of 0.00%, while the benchmark Sensex has declined by 0.78%. Over the past month, the benchmark has outperformed the stock, gaining 3.49% compared to the stock's flat performance. This indicates that while Ishan International Ltd has seen a slight uptick today, it is still struggling to keep pace with the overall market trends and benchmarks, which may contribute to investor caution.
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