Thakral Services (India) Ltd Faces Selling Pressure with 4.95% Decline Amid Year-to-Date Losses of 70.99%

Thakral Services (India) Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 4.95%, starkly contrasting with the Sensex, which has only dipped by 0.16%. This marks the third consecutive day of losses for Thakral Services, accumulating a total decline of 7.68% over this period.
In terms of broader performance, Thakral Services has struggled significantly over the past month, down 8.18%, while the Sensex has gained 2.43%. Year-to-date, the stock has plummeted by 70.99%, compared to the Sensex's positive return of 7.92%. Over the past year, Thakral Services has seen a staggering decline of 54.43%, further emphasizing its underperformance relative to the market.

Potential contributing factors to this selling pressure may include market sentiment shifts, company-specific challenges, or broader economic conditions affecting the industrial manufacturing sector. The stock's current price is also below its 5-day, 20-day, and 200-day moving averages, indicating a bearish trend.