RTS Power Corporation Faces Intense Selling Pressure Amid Consecutive Losses

RTS Power Corporation 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 15.29%. Today, RTS Power Corporation's stock price fell by 3.58%, significantly underperforming the Sensex, which decreased by only 0.21%.
In the past week, the stock has dropped 12.72%, while the Sensex has seen a modest decline of 0.63%. Over the last month, RTS Power Corporation's performance has been even more pronounced, with a 30.13% decrease compared to the Sensex's 2.98% drop. The three-month performance reveals a staggering 51.51% decline for RTS Power Corporation, against a 10.06% decrease in the Sensex.

The stock's price summary indicates it has touched an intraday low of Rs 146.05, reflecting a 4.98% drop. Additionally, RTS Power Corporation is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the prevailing bearish trend. Factors contributing to this selling pressure may include broader market conditions and company-specific challenges, although specific details were not provided.