Alps Industries Faces Selling Pressure with 4.88% Daily Loss Amid Yearly Decline of 54.23%

Alps Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, as the stock has declined by 4.88% in just one day. Over the past week, Alps Industries has experienced a total drop of 3.47%, while the benchmark Sensex has gained 1.52% during the same period.
In terms of longer-term performance, Alps Industries has seen a staggering decline of 54.23% over the past year, contrasting sharply with the Sensex's increase of 9.31%. Year-to-date, the stock is down 38.10%, while the Sensex has risen by 8.53%. Even over three years, Alps Industries has underperformed, with a decline of 11.36% compared to the Sensex's robust growth of 37.33%.

The stock's price summary indicates that it has underperformed its sector by 4.83% today. While it remains above the 50-day moving average, it is below the 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The combination of these factors highlights the ongoing challenges faced by Alps Industries in the current market environment.