EKI Energy Faces Intense Selling Pressure Amid Significant Yearly Losses

EKI Energy Services Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced a notable decline of 4.97%, contrasting sharply with the Sensex, which has gained 0.26% today. This marks a trend reversal for EKI Energy, as it has fallen after two consecutive days of gains.
Over the past week, EKI Energy has shown a modest increase of 2.69%, while the Sensex has dipped by 0.34%. However, the stock's longer-term performance reveals a troubling picture, with a staggering 60.74% decline over the past year compared to the Sensex's 1.70% gain. Year-to-date, EKI Energy has lost 49.63%, significantly underperforming the Sensex, which has risen by 4.91%.

The stock's price summary indicates it touched an intraday low of Rs 130 today, underperforming its sector by 4.78%. Despite being above its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below the 200-day moving average, suggesting ongoing challenges for the microcap company in the commercial services and supplies industry.