Recent Price Movement and Market Context
The stock has been on a downward trajectory for the past two days, losing approximately 4.88% in that period. On 05-Feb, it touched an intraday low of ₹114.25, marking a new 52-week low and signalling persistent selling pressure. The weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting bearish sentiment among investors. Furthermore, Thomas Cook (India) Ltd is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, reinforcing the technical weakness in the stock.
The broader travel services sector also declined by 2.66% on the same day, indicating sector-wide challenges. However, Thomas Cook’s underperformance was more pronoun...
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