Tijaria Polypipes Faces Intense Selling Pressure Amid Significant Price Declines

Tijaria Polypipes Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past three days, resulting in a total loss of 14.21%. Today's performance reflects a drop of 4.99%, starkly contrasting with the Sensex, which has only decreased by 0.05%.
Over the past week, Tijaria Polypipes has seen a decline of 5.51%, while the Sensex has fallen by just 0.26%. Despite a strong performance over the past month, where the stock rose by 32.46%, its year-to-date performance remains negative at -29.75%, compared to the Sensex's positive return of 6.72%.

The stock's performance over the last year has been particularly concerning, with a decline of 50.17%, while the Sensex has gained 4.24%. Although Tijaria Polypipes has outperformed the Sensex over three years with a gain of 65.76%, its five-year performance of 16.44% pales in comparison to the Sensex's 127.37%.

The stock is currently trading above its 20-day, 50-day, and 100-day moving averages but below its 5-day and 200-day moving averages, indicating a mixed trend in its short-term performance.