Thakral Services Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance

Thakral Services (India) 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 cumulative decline of 17.96%. Today, the stock opened with a notable loss of 4.98%, reaching an intraday low of Rs 33.03.
In terms of performance, Thakral Services has underperformed relative to the Sensex, which has only seen a minor decline of 0.06% today. Over the past week, the stock has dropped 13.87%, while the Sensex gained 3.34%. The one-month performance is particularly stark, with Thakral Services down 41.66%, contrasting sharply with the Sensex's increase of 4.51%.

The stock's performance over longer periods also reveals a troubling trend, with a year-to-date decline of 36.80% compared to the Sensex's slight decrease of 0.22%. Additionally, Thakral Services is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trajectory. These factors collectively highlight the ongoing challenges faced by Thakral Services in the electric equipment sector.