Terai Tea Co Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance

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 four days, resulting in a substantial decline of 17.53% during this period. Today, the stock fell by 4.97%, underperforming the Sensex, which gained 0.48%.
In the past week, Terai Tea Co has seen a sharp decline of 17.85%, while the Sensex decreased by only 1.27%. Over the past month, the stock has plummeted by 36.90%, contrasting with the Sensex's modest gain of 1.88%. Year-to-date, Terai Tea Co has dropped 32.72%, compared to the Sensex's increase of 5.77%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The day's low was recorded at Rs 115, reflecting a decline of 3.89%. The ongoing selling pressure may be attributed to various factors, including market sentiment and company-specific challenges, contributing to its underperformance relative to the broader market.