Epack Durable Faces Intense Selling Pressure Amid Consecutive Losses and Price Declines

Epack Durable Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, which operates in the air conditioning sector, has experienced consecutive losses over the past two days, resulting in a total decline of 8.66%. Today, Epack Durable's stock price fell by 5.00%, significantly underperforming the Sensex, which decreased by only 0.38%.
In the past week, Epack Durable has seen a decline of 6.99%, while the Sensex gained 1.60%. Over the last three months, the stock has dropped 23.08%, contrasting sharply with the Sensex's increase of 4.75%. Despite a strong performance over the past year, where Epack Durable rose by 81.99% compared to the Sensex's 8.06%, the year-to-date performance reveals a stark decline of 31.84% against the Sensex's modest gain of 2.14%.

The stock's price summary indicates it has underperformed its sector by 2.29%, with an intraday low of Rs 375.35. While it remains above the 20-day and 50-day moving averages, it is below the 5-day, 100-day, and 200-day moving averages. The air conditioning sector overall has also seen a decline of 2.69%, potentially contributing to the selling pressure on Epack Durable.