Esha Media Research Ltd Faces Significant Selling Pressure, Declines 6.10% Amidst Recent Gains

Esha Media Research Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a notable shift after a remarkable streak of gains, as the stock has experienced consecutive days of losses. Over the past week, Esha Media Research has declined by 6.10%, while the Sensex has gained 0.94%.
Despite its recent performance, Esha Media Research has shown impressive growth over longer periods, with a staggering 299.92% increase over the last three months and a remarkable 584.00% rise over the past three years. However, the current selling activity contrasts sharply with its previous performance, where it hit a new 52-week and all-time high of Rs. 50.58 today.

The stock's performance relative to the Sensex has been strong overall, with Esha Media Research outperforming the index in various time frames, including a year-to-date gain of 215.06% compared to the Sensex's 3.90%. The recent selling pressure may be attributed to profit-taking after an extended rally, as the stock has gained 51.17% over the last 21 days. Esha Media is currently trading above its key moving averages, indicating a strong historical performance despite the current selling trend.