ARC Finance Faces Intense Selling Pressure Amidst Continued Price Declines and Losses

ARC Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, operating in the Non-Banking Financial Company (NBFC) sector, has experienced a notable decline, with its stock price dropping by 5.00% in just one day. This marks a continuation of a troubling trend, as ARC Finance has recorded consecutive losses over the past 10 days, resulting in a staggering 38.31% decline during this period.
In comparison to the broader market, represented by the Sensex, ARC Finance's performance has been markedly poor. Over the past week, the stock has plummeted by 21.49%, while the Sensex has only dipped by 0.10%. The disparity continues across various time frames, with ARC Finance down 30.66% year-to-date, contrasting sharply with the Sensex's gain of 4.57%.

The stock is currently trading close to its 52-week low, just 3.16% away from Rs 0.92. Additionally, ARC Finance is underperforming its sector by 4.53% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. These factors collectively highlight the ongoing challenges faced by ARC Finance in the current market environment.