Flexituff Ventures Faces Intense Selling Pressure Amid Significant Stock Price Declines

Flexituff Ventures International Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price dropping by 4.97% in a single day, significantly underperforming the Sensex, which fell just 0.08%. Over the past week, Flexituff has lost 22.51%, while the Sensex has only decreased by 1.03%.
The stock's performance over the last month reveals a staggering decline of 32.25%, compared to the Sensex's modest drop of 3.34%. Year-to-date, Flexituff has plummeted by 62.78%, contrasting sharply with the Sensex's gain of 3.21%. The stock has now hit a new 52-week low of Rs. 26.41, marking a significant downturn.

Flexituff has been on a downward trajectory for six consecutive days, accumulating a total loss of 26.37% during this period. The stock opened with a gap down of 4.64% today and reached an intraday low of Rs. 26.41. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. The garment and apparel industry may be facing broader challenges, contributing to the ongoing selling pressure on Flexituff Ventures International Ltd.