Arunjyoti Bio Ventures Faces Intense Selling Pressure Amid Consecutive Losses

Arunjyoti Bio Ventures Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, resulting in a total decline of 5.65%. Today, the stock fell by 1.96%, underperforming the Sensex, which saw a minimal decrease of 0.05%. In terms of broader performance, Arunjyoti Bio Ventures has struggled significantly over various time frames. Over the past month, the stock has declined by 16.32%, while the Sensex has gained 2.80%. The three-month performance reveals a stark contrast, with Arunjyoti Bio down 48.82% compared to the Sensex's increase of 9.18%. Year-to-date, the stock has plummeted by 67.74%, while the Sensex has risen by 7.06%. The stock is currently 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 market sentiment, company-specific challenges, or broader economic conditions affecting the Non-Banking Financial Company (NBFC) sector.