Dhruva Capital Services 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 company has experienced consecutive days of losses, with a notable decline of 1.85% in just one day, compared to a minor drop of 0.22% in the Sensex. Over the past week, Dhruva Capital has lost 5.21%, while the Sensex has decreased by only 0.33%.
In the longer term, the stock's performance has been particularly concerning, with a staggering 59.04% decline over the past year, contrasting sharply with the Sensex's gain of 10.24%. Year-to-date, Dhruva Capital has dropped 52.78%, while the Sensex has risen by 4.24%.

The stock has shown erratic trading patterns, not trading on two days out of the last 20. It opened at 170 and has remained at this price, indicating a lack of volatility. Additionally, while the stock is trading higher than its 20-day moving average, it remains below its 5-day, 50-day, 100-day, and 200-day moving averages. These factors contribute to the ongoing selling pressure faced by Dhruva Capital Services Ltd.