Thinkink Picturez Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance

Thinkink Picturez Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 3.33% in just one day, marking a total drop of 6.45% over the last two days. This performance starkly contrasts with the broader market, as the Sensex has only decreased by 1.02% today.
Over the past week, Thinkink Picturez has also underperformed, with a weekly decline of 3.33%, compared to a 2.14% drop in the Sensex. The stock's performance over the past month is particularly concerning, down 25.64%, while the Sensex has gained 1.47%. Year-to-date, Thinkink Picturez has plummeted by 47.06%, in stark contrast to the Sensex's modest increase of 3.36%.

The stock is trading significantly below its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Currently, it is just 3.45% away from its 52-week low of Rs 0.28, highlighting the ongoing challenges faced by the company in the media and entertainment sector.