Terai Tea Co Faces Intense Selling Pressure Amid Significant Price Declines

Terai Tea Co Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a consecutive decline over the past four days, resulting in a total loss of 18.05% during this period. Today, Terai Tea Co Ltd opened with a gap down of 3.18% and has since fallen by 3.25%, underperforming its sector by 1.51%. In terms of performance relative to the Sensex, Terai Tea Co has struggled significantly. Over the past week, it has declined by 15.81%, while the Sensex has gained 2.28%. The one-month performance shows a stark contrast, with Terai Tea Co down 25.86% compared to the Sensex's increase of 2.84%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Factors contributing to this selling pressure may include broader market conditions and specific challenges within the FMCG sector. The stock's intraday high reached Rs 153, while it dipped to a low of Rs 138.5 today.