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, which operates in the air conditioning sector, has experienced a notable decline, with its stock price down 4.99% in a single day, contrasting sharply with the Sensex's modest gain of 0.25%. Over the past week, Epack Durable has lost 7.49%, while the Sensex has only dipped by 0.14%.
The stock's performance over the last month reveals a decline of 10.81%, compared to the Sensex's decrease of 2.61%. More strikingly, Epack Durable has seen a staggering 33.23% drop over the past three months, while the Sensex has fallen by just 8.27%. Year-to-date, the stock is down 40.54%, significantly underperforming the Sensex, which has decreased by 5.28%.

The stock has been on a downward trend for the last three consecutive days, accumulating a total loss of 8.23% during this period. Despite opening with a gain of 2.45% today, it quickly fell to an intraday low of Rs 327.45. Epack Durable is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.