Thinkink Picturez Faces Intense Selling Pressure Amid Significant Price Declines

Thinkink Picturez Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 13.16% during this period. Today, the stock fell by 2.94%, underperforming the Sensex, which decreased by only 0.32%.
In the past week, Thinkink Picturez has seen a decline of 10.81%, while the Sensex has dropped by 0.58%. Over the last month, the stock has plummeted by 21.88%, compared to a modest 1.78% decline in the Sensex. The longer-term performance is even more concerning, with a staggering 94.15% drop over the past year, contrasting sharply with the Sensex's gain of 3.62%.

The stock has reached a new 52-week and all-time low of Rs. 0.33 today, indicating a challenging market position. Additionally, Thinkink Picturez is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. While the broader film production, distribution, and entertainment sector has gained by 2.4%, Thinkink Picturez continues to struggle, highlighting the significant challenges it faces in the current market environment.