Terai Tea Co Faces Intense Selling Pressure Amid Consecutive Losses and Market Underperformance

Terai Tea Co Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 6.27% in today's trading session. This performance starkly contrasts with the Sensex, which has gained 0.82% on the same day. Over the past week, Terai Tea Co has lost 10.00%, while the Sensex has risen by 1.58%.
In the last month, the stock has dropped 16.63%, again underperforming the Sensex, which has seen a modest increase of 1.24%. Year-to-date, Terai Tea Co has declined by 6.27%, compared to the Sensex's gain of 5.88%. Despite a strong performance over the longer term, including a 148.86% increase over three years, the recent trend indicates a shift in market sentiment.

The stock opened with a gap down of 5.33% today and reached an intraday low of Rs 158.4. Additionally, Terai Tea Co is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting the ongoing selling pressure and potential challenges ahead.