Epack Durable Faces Intense Selling Pressure Amid Significant Stock Price Declines

Epack Durable Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, operating in the air conditioning sector, has experienced a notable decline, with its stock price falling by 5.00% in a single day, significantly underperforming the Sensex, which decreased by only 0.86%. This marks the third consecutive day of losses for Epack Durable, resulting in a total decline of 13.07% over this period.
Over the past week, Epack Durable has seen a substantial drop of 11.47%, while the Sensex has gained 0.71%. In the last three months, the stock has plummeted by 26.79%, contrasting sharply with the Sensex's increase of 3.84%. Year-to-date, Epack Durable's performance is down 35.13%, compared to the Sensex's modest gain of 1.25%.

The stock's price summary indicates it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, the air conditioning sector itself has faced a decline of 4.56%, potentially contributing to the selling pressure on Epack Durable. The stock touched an intraday low of Rs 357.25 today, reflecting the ongoing challenges it faces in the market.