Reliance Chemotex Industries Faces Persistent Selling Pressure, Down 26.45% Year-to-Date Amid Losses.

Reliance Chemotex Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, highlighting a challenging market environment for the microcap company.
In terms of performance, Reliance Chemotex has underperformed relative to the Sensex across various time frames. Over the past day, the stock declined by 0.08%, while the Sensex gained 0.16%. The one-week performance shows a slight increase of 0.26% for Reliance Chemotex, but this is overshadowed by the Sensex's 1.33% rise. Over the past month, the stock has dropped by 3.88%, compared to the Sensex's 1.10% increase.

The three-month and one-year performances are particularly concerning, with Reliance Chemotex down 13.60% and 27.09%, respectively, against the Sensex's gains of 1.63% and 3.20%. Year-to-date, the stock has lost 26.45%, while the Sensex has risen by 6.99%.

Additionally, Reliance Chemotex is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Factors contributing to this selling pressure may include broader market dynamics and company-specific challenges within the garments and apparels industry.