Constronics Infra Faces Intense Selling Pressure Amid Significant Price Declines

Constronics Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 4.52% in just one day, compared to a modest drop of 0.38% in the Sensex. Over the past week, Constronics Infra has lost 1.44%, while the Sensex fell by 0.50%.
In a broader context, the stock's performance over the past month has been particularly concerning, with a decline of 18.98%, contrasting sharply with the Sensex's gain of 4.41%. The three-month performance reveals a staggering drop of 37.97% for Constronics Infra, while the Sensex has risen by 8.01%. Year-to-date, the stock has plummeted by 52.47%, significantly underperforming the Sensex, which has gained 4.97%.

The stock is currently trading close to its 52-week low, just 3.01% away from Rs 51.89. It has also underperformed its sector by 4.96% today, hitting an intraday low of Rs 53.5. Additionally, Constronics Infra is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.