Selling Pressure Mounts as ANI Integrated Services Faces Consecutive Losses and New Low

ANI Integrated Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 4.92% in just one day, compared to a modest drop of 0.74% in the Sensex. Over the past week, ANI Integrated Services has lost 12.11%, while the Sensex has gained 0.84%.
In the last month, the stock has plummeted by 18.46%, contrasting sharply with the Sensex's increase of 1.53%. The three-month performance reveals a staggering decline of 41.05% for ANI Integrated Services, while the Sensex has risen by 3.97%. Year-to-date, the stock has dropped 49.12%, significantly underperforming the Sensex, which has seen a slight gain of 1.37%.

Today, ANI Integrated Services hit a new 52-week low of Rs. 93.65, underperforming its sector by 2%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Factors contributing to this selling pressure may include broader market conditions and company-specific challenges, leading to a lack of buyer interest.