Selling Pressure Mounts as EKI Energy Services Faces Significant Losses

EKI Energy Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past six days, resulting in a total loss of 11.28% during this period. Today, EKI Energy's performance is down by 1.99%, starkly contrasting with the Sensex, which has gained 2.81%.
Over the past week, EKI Energy has seen a decline of 9.48%, while the Sensex has risen by 1.10%. The stock's performance over the last three months is particularly concerning, with a staggering drop of 56.50%, compared to the Sensex's modest gain of 7.24%. Year-to-date, EKI Energy has plummeted by 61.91%, while the Sensex has increased by 4.54%.

The price summary indicates that EKI Energy opened at 98.3 and has remained at this level, underperforming its sector by 5.36%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a bearish trend. The Capital Goods sector, in contrast, has gained 3.37%, highlighting the challenges faced by EKI Energy Services in the current market environment.