RTS Power Corporation Faces Intensified Selling Pressure Amid Significant Price Declines

RTS Power Corporation Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, reflecting a troubling trend in its performance. Today, RTS Power Corporation's stock price declined by 4.99%, starkly contrasting with the Sensex, which fell by only 0.21%. Over the past week, the stock has dropped 10.34%, while the Sensex has gained 0.42%.
In the last month, RTS Power Corporation has seen a decline of 3.17%, compared to a 6.98% increase in the Sensex. The three-month performance reveals a substantial drop of 30.71% for RTS Power Corporation, while the Sensex has risen by 3.29%. Year-to-date, the stock is down 42.17%, against the Sensex's modest gain of 3.18%.

The stock opened today with a loss of 2.44% and reached an intraday low of Rs 169.45. Additionally, RTS Power Corporation is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These factors collectively contribute to the heightened selling pressure observed in the stock.