Esha Media Research Faces Intense Selling Pressure Amid Significant Price Declines

Esha Media Research Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, as the stock has declined by 6.55% over the past week and 14.25% over the last month. In stark contrast, the Sensex has experienced a modest decline of 1.56% and an increase of 4.53% over the same periods, highlighting the underperformance of Esha Media Research relative to the broader market.
The stock's performance over the last three months reveals a steep decline of 36.17%, while the Sensex has only dipped by 3.57%. Year-to-date, Esha Media Research has seen a drop of 36.53%, compared to the Sensex's decline of 2.23%. Despite a strong performance over the past year, where the stock rose by 66.50%, the recent trends indicate a troubling shift.

Contributing factors to the selling pressure may include erratic trading patterns, as the stock did not trade on one day out of the last 20. Additionally, Esha Media Research is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a bearish sentiment among investors.