Classic Leasing & Finance Faces Intense Selling Pressure Amid Ongoing Losses

Jul 30 2025 10:35 AM IST
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Classic Leasing & Finance Ltd is experiencing notable selling pressure, continuing a trend of losses. The stock has declined over the past week and three months, despite a monthly gain. Its trading pattern has been erratic, with current prices above short-term moving averages but below longer-term ones.
Classic Leasing & Finance Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. This trend marks a continuation of consecutive days of losses for the microcap non-banking financial company (NBFC). Over the past week, the stock has declined by 4.81%, contrasting with the Sensex, which has seen a slight decrease of 1.66%.

In the last month, Classic Leasing & Finance has managed a gain of 6.70%, while the Sensex has dropped by 2.70%. However, the stock's performance over the last three months reveals a concerning decline of 18.63%, compared to a modest gain of 1.38% for the Sensex. Year-to-date, Classic Leasing & Finance is down 1.84%, while the Sensex has increased by 4.11%.

The stock's erratic trading pattern is notable, as it did not trade on one day out of the last 20. Currently, its price is higher than the 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages. These factors may be contributing to the ongoing selling pressure observed in the market.
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