Thacker & Company Faces Intense Selling Pressure Amid Continued Price Declines

Thacker & Company Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The microcap Non-Banking Financial Company (NBFC) has recorded a notable decline of 4.98% in its one-day performance, starkly contrasting with the Sensex, which has gained 0.45% during the same period. This marks a continuation of a downward trend, as Thacker & Company has experienced consecutive losses over the past week, with a total decline of 10.12%, while the Sensex has risen by 1.50%.
Over the past month, the stock has decreased by 3.60%, underperforming the Sensex's 2.10% gain. The three-month performance shows a decline of 12.74% for Thacker & Company, compared to a modest increase of 0.28% for the Sensex. Year-to-date, the stock has fallen by 22.68%, while the Sensex has appreciated by 4.84%.

The stock's performance today is particularly concerning as it underperformed its sector by 4.39%, reaching an intraday low of Rs 1527. Additionally, Thacker & Company is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.