Longview Tea Company Ltd Faces Intense Selling Pressure Amid Consecutive Losses

Apr 24 2025 12:35 PM IST
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Longview Tea Company Ltd is experiencing notable selling pressure, with consecutive losses over the past three days and a significant decline in stock performance compared to the Sensex. The stock is trading below key moving averages, reflecting a bearish trend amid broader market challenges and diminished buyer interest.
Longview Tea Company 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, with a decline of 4.04% during this period. In today's trading, Longview Tea Company Ltd fell by 1.99%, underperforming the Sensex, which decreased by only 0.36%.

Over the past week, the stock has lost 4.04%, while the Sensex gained 1.62%. The trend continues with a one-month performance showing a decline of 6.77% for Longview Tea, compared to a 2.36% increase in the Sensex. Year-to-date, the stock has dropped 33.10%, contrasting sharply with the Sensex's modest gain of 2.16%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Potential contributing factors to this selling pressure may include broader market conditions and company-specific challenges, which have led to a lack of buyer interest. Overall, Longview Tea Company Ltd's performance highlights a stark divergence from the broader market trends represented by the Sensex.
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