Ashnisha Industries Ltd Faces Heavy Selling Pressure with 4.75% Decline Amid 25.87% Loss Over Four Days

Ashnisha Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a substantial loss of 25.87% during this period. Today, the stock fell by 4.75%, sharply contrasting with the Sensex, which only dipped by 0.03%.
Over the past week, Ashnisha Industries has seen a decline of 13.89%, while the Sensex has gained 1.49%. In the longer term, the stock's performance has been mixed; it has increased by 12.91% over the past month, but it has underperformed significantly over the year, down 13.85% compared to the Sensex's rise of 8.86%.

Despite showing positive returns over three months (39.28%) and five years (89.07%), the stock's three-year performance is concerning, with a decline of 55.02%. The price summary indicates that Ashnisha Industries is currently underperforming its sector by 4.45%. The stock's moving averages are higher than the 20, 50, 100, and 200-day averages but lower than the 5-day average, indicating a potential shift in momentum.