Dhruv Consultancy Services Faces Intense Selling Pressure Amid Significant Price Declines

Dhruv Consultancy Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past four days, resulting in a total decline of 9.67%. Today, it fell by 2.00%, underperforming the Sensex, which gained 0.19%.
In the past week, Dhruv Consultancy has seen a decline of 8.15%, while the Sensex decreased by only 0.97%. Over the last month, the stock's performance has been relatively stable, with a slight drop of 0.37%, contrasting with the Sensex's increase of 1.14%. However, the longer-term view reveals a troubling trend, with a staggering 48.79% decline over the past year compared to the Sensex's modest gain of 2.49%.

The stock's price summary indicates it touched an intraday low of Rs 67.75 today. Additionally, while it remains above its 20-day moving average, it is below the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The ongoing selling pressure may be attributed to various market factors affecting investor sentiment and confidence in the microcap commercial services sector.