First Fintec Ltd Faces Heavy Selling Pressure with 21.54% Monthly Loss and 38.95% Year-to-Date Decline

First Fintec Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend is underscored by a series of consecutive losses, with the stock down 4.33% over the past week and a staggering 21.54% over the last month. In stark contrast, the Sensex has shown resilience, gaining 0.99% weekly and 1.23% monthly.
The performance metrics reveal a troubling picture for First Fintec. Year-to-date, the stock has plummeted by 38.95%, while the Sensex has risen by 4.66%. Over the past year, First Fintec has declined by 12.19%, compared to a slight gain of 0.18% for the Sensex. Even over longer periods, such as three years, First Fintec's growth of 23.03% pales in comparison to the Sensex's 40.54% increase.

Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The erratic trading pattern, with the stock not trading on one day out of the last 20, further highlights the challenges facing First Fintec in the current market environment.