Anzen India Energy Yield Plus Trust Faces Selling Pressure Despite Recent Gains and Price Highs

Anzen India Energy Yield Plus Trust is currently facing significant selling pressure, with only sellers active in the market today. The stock has shown a notable performance, opening with a gain of 5.31% and reaching a new 52-week and all-time high of Rs. 121. However, despite this uptick, the stock has not experienced any consecutive days of losses, maintaining its position without any declines in recent trading sessions.
In terms of performance relative to the Sensex, Anzen India Energy Yield Plus Trust has outperformed the index across various time frames. Over the past day, it has gained 5.31%, while the Sensex has declined by 0.34%. The stock's one-week performance stands at 5.22%, compared to the Sensex's 0.94% increase. Over the past month, it has risen by 3.86%, while the Sensex has only managed a 0.84% gain.

Despite its strong short-term performance, the stock's longer-term metrics reveal a contrasting picture. Over three years, it has gained 21.00%, while the Sensex has surged by 37.30%. Additionally, the stock has not shown any growth over the past five and ten years, in stark contrast to the Sensex's substantial gains during those periods. The high dividend yield of 3.66% at the current price may also be a factor contributing to the selling pressure, as investors reassess their positions in light of broader market trends.