Voltaire Leasing Faces Intense Selling Pressure Amid Ongoing Price Declines and Losses

Voltaire Leasing & Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, reflecting a troubling trend in its performance. Over the past week, Voltaire Leasing has declined by 5.77%, while the Sensex has only dipped by 1.57%. This underperformance is further highlighted by a monthly decline of 11.31% compared to the Sensex's 2.61% drop.
In the longer term, Voltaire Leasing's performance remains concerning, with a year-to-date decline of 16.67% against the Sensex's gain of 4.21%. Over three years, the stock has plummeted by 57.82%, while the Sensex has risen by 41.44%. The five-year and ten-year performances are equally stark, with declines of 38.95% and 63.86%, respectively, compared to the Sensex's impressive gains.

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. This sustained selling pressure may be attributed to various factors, including market sentiment and broader economic conditions affecting the non-banking financial company sector.