Cupid Breweries & Distilleries Ltd Faces Intensified Selling Pressure Amid Ongoing Losses

Cupid Breweries & Distilleries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, raising concerns among market observers. Over the past week, the stock has declined by 1.96%, while the Sensex has only dipped by 0.30%. In the last month, Cupid Breweries & Distilleries Ltd has experienced a more pronounced decline of 5.65%, contrasting with the Sensex's positive performance of 1.54%.
The three-month performance reveals a stark drop of 38.24% for Cupid Breweries & Distilleries Ltd, while the Sensex has gained 11.31%. However, on a year-to-date basis, the stock has shown resilience with a 52.37% increase, outperforming the Sensex's 4.27% gain.

Today's performance indicates that Cupid Breweries & Distilleries Ltd has outperformed its sector by 0.58%. The stock's moving averages present a mixed picture, being higher than the 5-day, 20-day, and 200-day averages, but lower than the 50-day and 100-day averages. This combination of factors suggests a complex market sentiment surrounding the stock, contributing to the ongoing selling pressure.