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 beverage company's performance has been notably poor, with a decline of 4.98% in just one day, contrasting sharply with the Sensex's modest drop of 0.44%. This marks the second consecutive day of losses for Fratelli Vineyards, which has seen a total decline of 4.22% over this period.
Over the past week, the stock has plummeted by 8.92%, while the Sensex has managed a slight gain of 0.58%. Year-to-date, Fratelli Vineyards has experienced a staggering decline of 57.98%, compared to the Sensex's increase of 5.28%. The stock's performance over the last year is particularly concerning, with a drop of 64.13%, while the Sensex has only decreased by 2.70%.

The stock touched an intraday low of Rs 140.35 today, and its performance has underperformed its sector by 4.7%. Despite being above the 20-day, 50-day, and 100-day moving averages, it remains below the 5-day and 200-day moving averages, indicating a challenging market position for Fratelli Vineyards.