Tirupati Foam Faces Intense Selling Pressure Amid Significant Price Declines

Tirupati Foam Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, as the stock has declined by 2.46% over the past week and 1.96% over the past month. In stark contrast, the benchmark Sensex has shown a slight gain of 0.46% today and a marginal decline of just 0.08% over the week.
Over the last three months, Tirupati Foam has experienced a substantial drop of 22.05%, while the Sensex has risen by 3.06%. Year-to-date, the stock has plummeted by 27.68%, compared to the Sensex's gain of 5.67%. The performance over the past year also reflects a decline of 12.67% for Tirupati Foam, against a 2.66% increase in the Sensex.

Contributing factors to this selling pressure may include erratic trading patterns, as the stock did not trade on three days out of the last 20. Additionally, Tirupati Foam is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the market.