Beryl Securities Faces Intense Selling Pressure Amid Continued Price Declines

Beryl Securities Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, classified as a microcap in the Non-Banking Financial Company (NBFC) sector, has recorded a notable decline of 4.86% in its one-day performance, starkly contrasting with the Sensex, which has only dipped by 0.04%. This marks a continuation of a downward trend, as Beryl Securities has experienced consecutive days of losses, with a weekly decline of 9.51% compared to a slight gain of 0.32% for the Sensex. Over the past three months, Beryl Securities has plummeted by 28.09%, while the Sensex has risen by 13.31%. Year-to-date, the stock has fallen by 28.87%, in stark contrast to the Sensex's 7.09% increase. The stock's performance over the last five years shows no growth, while the Sensex has surged by 127.77%. Today's trading saw Beryl Securities hit an intraday low of Rs 27.6, underperforming its sector by 5.23%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.