Money Masters Leasing & Finance Faces Intense Selling Pressure Amid Significant Price Declines

Money Masters Leasing & Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past six days, resulting in a total loss of 13.79% during this period. Today, the stock plummeted by 7.81%, starkly contrasting with the Sensex, which only dipped by 0.18%.
In the past week, Money Masters Leasing & Finance has seen a decline of 15.11%, while the Sensex remained relatively stable with a loss of just 0.30%. Over the last month, the stock has dropped by 33.33%, significantly underperforming the Sensex, which gained 4.62%. The year-to-date performance is particularly alarming, with the stock down 85.56% compared to the Sensex's modest gain of 5.17%.

The stock has reached a new 52-week and all-time low of Rs. 1.23 today, indicating a troubling trend. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This persistent selling pressure may be attributed to various underlying factors affecting investor sentiment and market dynamics within the non-banking financial company sector.