Dharan Infra-EPC Faces Intense Selling Pressure Amid Continued Price Declines

Dharan Infra-EPC Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has recorded a notable decline of 4.35% today, starkly contrasting with the Sensex, which has gained 0.47%. This marks a continuation of a downward trend, as the stock has experienced consecutive days of losses.
Over the past week, Dharan Infra-EPC has also underperformed, with a weekly decline of 4.35%, while the Sensex has remained relatively stable with a 0.06% increase. The stock's performance over the last month shows a positive return of 18.92%, but this is overshadowed by a significant drop of 56.22% over the past year, compared to the Sensex's modest gain of 4.77%.

The stock's current price performance indicates it is underperforming its sector by 4.21%. While it remains above its 50-day moving average, it is below the 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The ongoing selling pressure may be attributed to various factors, including market sentiment and broader economic conditions affecting the realty sector.