Fratelli Vineyards Ltd 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 six days, resulting in a total loss of 14.19% during this period. Today, Fratelli Vineyards Ltd reported a performance drop of 4.51%, contrasting sharply with the Sensex, which gained 0.12%.
Over the past week, the stock has declined by 11.54%, while the Sensex rose by 1.84%. In the last month, Fratelli Vineyards has seen a 14.70% decrease, compared to a slight decline of 0.72% in the Sensex. The three-month performance reveals a staggering 48.58% drop for Fratelli Vineyards, against a 4.83% decline in the Sensex.

The stock's price summary indicates it reached an intraday high of Rs 180, reflecting a modest gain of 2.86%, but fell to an intraday low of Rs 167.25, marking a decline of 4.43%. Additionally, Fratelli Vineyards is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further indicating a bearish trend. The combination of these factors suggests a challenging environment for the stock amidst prevailing market conditions.