Daikaffil Chemicals Faces Selling Pressure, Stock Declines 5% to New 52-Week Low of Rs. 80.8

Daikaffil Chemicals India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price falling by 5.00% in a single day, significantly underperforming the Sensex, which decreased by just 0.21%. Over the past week, Daikaffil has lost 23.30%, while the Sensex gained 1.08%. This trend continues with a staggering 29.74% drop over the past month and a 65.03% decline over the past year, contrasting sharply with the Sensex's 9.61% increase during the same period.
The stock has now reached a new 52-week low of Rs. 80.8, reflecting a continuous downward trajectory, with losses recorded for the last seven consecutive days, amounting to a total decline of 30.91% in that timeframe. Daikaffil's performance is also lagging behind its sector, underperforming by 5.58% today. The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent bearish trend.