Constronics Infra Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance

Constronics Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a total decline of 10.69%. Today, the stock fell by 3.85%, significantly underperforming the Sensex, which decreased by only 0.68%.
Over the past week, Constronics Infra has seen a decline of 6.92%, while the Sensex gained 2.70%. The monthly performance reflects a sharp drop of 15.25% for Constronics, contrasting with the Sensex's increase of 3.86%. Year-to-date, the stock has plummeted by 33.33%, compared to the Sensex's slight decline of 0.84%.

The stock's performance over longer periods shows a stark contrast, with a remarkable 678.82% increase over three years and an impressive 1608.43% rise over five years. However, the current trend indicates that Constronics is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish sentiment in the market. The stock touched an intraday low of Rs 74.1, reflecting the ongoing selling pressure.