Fine Line Circuits Ltd Faces Selling Pressure with 3.04% Decline Amid Ongoing Losses

Fine Line Circuits Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past three days, resulting in a total loss of 10.65%. Today, Fine Line Circuits Ltd reported a performance drop of 3.04%, significantly underperforming the Sensex, which fell by only 0.34%.
Over the past week, the stock has declined by 11.51%, while the Sensex has gained 1.17%. In the last month, Fine Line Circuits has seen a steep drop of 16.19%, contrasting sharply with the Sensex's increase of 2.64%. Despite a positive performance over the last three months, where the stock rose by 7.31%, its year-to-date performance remains stagnant at 0.00%, mirroring the Sensex's 7.75% gain.

The stock has been trading in a narrow range of Rs 0.01 and is currently below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. These factors indicate a challenging environment for Fine Line Circuits Ltd, contributing to the ongoing selling pressure.