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 six days, resulting in a cumulative decline of 11.01%. In terms of daily performance, Arunjyoti Bio Ventures has dropped by 1.92%, significantly underperforming the Sensex, which saw a minimal decline of just 0.01%.
Over the past week, the stock has fallen by 9.31%, while the Sensex has only decreased by 0.22%. The one-month performance reveals a stark contrast, with Arunjyoti Bio Ventures down 17.47%, compared to a 1.50% increase in the Sensex. The three-month performance is even more alarming, with the stock down 40.68% against the Sensex's gain of 14.06%.

Year-to-date, Arunjyoti Bio Ventures has plummeted by 69.57%, while the Sensex has risen by 6.76%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. These factors collectively highlight the challenges facing Arunjyoti Bio Ventures in the current market environment.