Trishakti Industries Faces Intense Selling Pressure Amid Consecutive Losses

Trishakti Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a total decline of 11.34% during this period. Today, the stock fell by 5.68%, contrasting sharply with the Sensex, which gained 0.27%.
Over the past week, Trishakti Industries has seen an 8.34% drop, while the Sensex rose by 3.69%. The one-month performance reflects a decline of 12.13% for Trishakti Industries compared to a modest 1.65% increase in the Sensex. In the three-month view, the stock has plummeted by 26.98%, while the Sensex has only dipped by 1.91%.

Despite a remarkable one-year performance of 113.15%, the year-to-date figures show a decline of 23.69% for Trishakti Industries, against a slight drop of 2.03% in the Sensex. The stock opened today with a gain of 2.13%, reaching an intraday high of Rs 143.9 before falling to a low of Rs 132.9. The stock's performance is currently underperforming its sector by 6.97%. Moving averages indicate that while it remains above the 200-day average, it is below the 5-day, 20-day, 50-day, and 100-day averages, suggesting a bearish trend.