Tricom Fruit Products Ltd Faces Selling Pressure with 4.88% Daily Decline and 10.14% Weekly Loss

Tricom Fruit Products 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 10.14%. This trend is particularly concerning as the stock has underperformed the broader market, with a one-day performance of -4.88% compared to the Sensex's modest gain of 0.05%.
In terms of longer-term performance, Tricom Fruit Products has struggled, with a 22.00% decline over the past three months and a year-to-date drop of 14.10%. The stock's performance relative to the Sensex reveals a stark contrast, as the index has gained 8.26% year-to-date. Over the past five years, Tricom has stagnated, showing no growth, while the Sensex has surged by 107.93%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Potential contributing factors to this selling pressure may include market sentiment, company-specific challenges, or broader economic conditions affecting the FMCG sector.