Fratelli Vineyards Faces Intense Selling Pressure Amid Significant Price Declines

Fratelli Vineyards Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 11.52% during this period. Today, the stock fell by 5.00%, significantly underperforming the Sensex, which declined by only 0.24%.
In the past week, Fratelli Vineyards has seen a steep drop of 14.74%, while the Sensex managed a slight gain of 0.39%. Over the past month, the stock has plummeted by 26.18%, contrasting sharply with the Sensex's increase of 6.95%. Year-to-date, Fratelli Vineyards has lost 55.58%, compared to the Sensex's modest gain of 3.15%.

The stock has reached a new 52-week low of Rs.150.3 today, touching an intraday low of Rs.150.3, down 3.75%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The trading sector itself has also seen a decline of 2.24%, which may be contributing to the overall selling pressure on Fratelli Vineyards.