Dhruva Capital Services Ltd Faces Significant Selling Pressure, Stock Declines 68.37% Over Past Year

Dhruva Capital Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 2.04% in just one day, compared to the Sensex's modest drop of 0.43%. Over the past week, Dhruva Capital has lost 6.94%, while the Sensex has gained 0.44%. The stock's performance over the last month reveals a staggering decline of 14.97%, contrasting sharply with the Sensex's slight increase of 0.30%.
In the longer term, Dhruva Capital's performance has been equally concerning, with a year-to-date decline of 65.36% against the Sensex's gain of 5.13%. The stock has reached a new 52-week low of Rs. 125 today, reflecting a lack of buyer interest. Additionally, the stock has underperformed its sector by 1.93% and has shown erratic trading patterns, not trading on one day out of the last 20. It is currently trading below all key moving averages, indicating a persistent downward trend. These factors collectively contribute to the ongoing selling pressure faced by Dhruva Capital Services Ltd.