Flora Corporation Faces Intense Selling Pressure Amid Consecutive Losses and Declining Performance

Flora Corporation Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 12.36%. On a daily basis, Flora Corporation's performance has dropped by 4.98%, contrasting sharply with the Sensex, which has gained 0.16% on the same day.
Over the past week, the stock has lost 16.70%, while the Sensex has only decreased by 0.82%. The monthly performance reflects a decline of 18.05% for Flora Corporation, compared to a 2.93% increase in the Sensex. Year-to-date, the stock is down 6.54%, while the Sensex has risen by 6.70%.

Despite a positive performance over the last three months, where Flora Corporation gained 18.34%, the longer-term view reveals a troubling trend. The stock has underperformed the sector by 3.84% today and remains below its 5-day, 20-day, and 200-day moving averages, although it is above the 50-day and 100-day averages. These factors may be contributing to the heightened selling activity observed in the market.