Terai Tea Co Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance
Terai Tea Co Ltd is experiencing notable selling pressure, with the stock declining significantly over the past three days and underperforming the Sensex. The company has faced consecutive losses, reflecting broader market trends and specific challenges, as it trades below key moving averages.
Terai Tea Co 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, resulting in a total decline of 14.2% during this period. Today, the stock fell by 4.96%, underperforming the Sensex, which decreased by only 0.47%.In terms of weekly performance, Terai Tea Co has seen a decline of 13.73%, while the Sensex has dropped by 1.59%. Over the past month, the stock has plummeted by 33.60%, contrasting sharply with the Sensex's modest gain of 1.22%. Year-to-date, Terai Tea Co has lost 29.20%, compared to the Sensex's increase of 5.08%.
The stock's price summary indicates a day's high of Rs 129.75 and a low of Rs 119.65. Additionally, Terai Tea Co is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its current struggles in the market. The ongoing selling pressure may be attributed to various factors, including broader market trends and company-specific challenges.
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