Why is Thomas Cook (I) falling/rising?
As of 12-Sep, Thomas Cook (India) Ltd's stock price is Rs 173.30, down 2.8%, and has underperformed its sector. Despite long-term growth potential, recent performance shows a 16.40% decline over the past year and a poor year-to-date return of -11.38%.
As of 12-Sep, Thomas Cook (India) Ltd is experiencing a decline in its stock price, currently at Rs 173.30, reflecting a decrease of Rs 5.0 or 2.8%. Today's price summary indicates that the stock has underperformed its sector by 0.42% and has fallen after two consecutive days of gains. The stock reached an intraday low of Rs 172.35, and trading volume has decreased significantly, with a 19.29% drop in delivery volume compared to the five-day average. Over the past week, the stock has declined by 2.86%, while it has shown a more favorable performance over the past month with a gain of 10.17%. Despite a healthy long-term growth rate in operating profit and a low debt-to-equity ratio, the stock's recent performance is hindered by a 16.40% decline over the past year, alongside a slight profit decrease of 2.2%.In the broader market context, the Sensex has increased by 1.48% over the past week, contrasting with Thomas Cook's decline, indicating that the stock is not keeping pace with the overall market. While the stock has outperformed the benchmark over a three-year period with a return of 122.46% compared to the Sensex's 36.25%, its year-to-date performance is notably poor at -11.38% against the Sensex's positive 4.82%. This divergence suggests that while the company has potential for long-term growth, current market conditions and investor sentiment are negatively impacting its stock price.
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