Dhruva Capital Services Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Dhruva Capital 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 decline of 6.27% during this period. In stark contrast, the benchmark Sensex has only fallen by 1.15% over the same timeframe, highlighting the stock's underperformance.
In terms of daily performance, Dhruva Capital Services Ltd is down 1.94%, while the Sensex has decreased by just 0.26%. Over the past month, the stock has shown a marginal decline of 0.16%, compared to the Sensex's drop of 3.34%. However, the longer-term view reveals a troubling trend, with the stock down 56.28% over the past year, significantly underperforming the Sensex, which has seen a minimal decline of 0.10%.

Factors contributing to this selling pressure may include erratic trading patterns, as the stock did not trade on one day out of the last 20. Additionally, it is currently trading below all key moving averages, indicating a bearish trend. The stock opened at 151.7 and has remained at this price, reflecting a lack of upward momentum.