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 5.00% in its one-day performance, starkly contrasting with the Sensex's minor drop of 0.30%. Over the past week, Constronics Infra has lost 3.87%, while the Sensex gained 0.33%.
In the last month, the stock has plummeted by 13.41%, compared to a 6.88% increase in the Sensex. The three-month performance reveals a staggering decline of 44.85% for Constronics Infra, while the Sensex has managed a modest gain of 3.20%. Year-to-date, the stock has underperformed significantly, down 47.64%, against the Sensex's 3.09% rise.

The stock's price summary indicates it has underperformed its sector by 3.85%, hitting an intraday low of Rs 58.9. Additionally, Constronics Infra is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a persistent downward trend. These factors collectively contribute to the ongoing selling pressure observed in the stock.