Tijaria Polypipes Faces Intense Selling Pressure Amid Significant Stock Price Declines

Tijaria Polypipes Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price dropping by 4.98% in just one day, significantly underperforming the Sensex, which fell by only 0.11%. Over the past week, Tijaria Polypipes has lost 13.45%, while the Sensex gained 0.80%.
The stock's performance over the past month is particularly alarming, with a staggering decline of 42.78%, contrasting sharply with the Sensex's increase of 5.91%. This trend of consecutive losses has persisted for four days, during which Tijaria Polypipes has seen a total decline of 17.47%.

Currently, the stock is trading at a new 52-week low of Rs. 5.15, and it has underperformed its sector by 5.19%. Additionally, Tijaria Polypipes is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The cumulative performance over the past year shows a decline of 59.61%, while the Sensex has gained 5.25%. These trends indicate a challenging environment for Tijaria Polypipes amidst broader market movements.