Thakral Services Faces Intense Selling Pressure Amid Significant Price Declines

Thakral Services (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 4.98% in just one day, contrasting sharply with the Sensex, which has gained 0.54%. Over the past week, Thakral Services has lost 18.50%, while the Sensex has only dipped by 1.11%.
The stock's performance over the last month is particularly concerning, with a staggering drop of 47.33%, compared to a 4.42% increase in the Sensex. This trend of consecutive losses has persisted for eight days, during which the stock has plummeted by 33.13%. Today, it opened at Rs 26.92 and reached an intraday low of the same price, indicating a lack of upward movement.

Thakral Services is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its underperformance. The stock has underperformed its sector by 5.49%, reflecting broader challenges that may be contributing to the ongoing selling pressure.