G G Engineering Faces Intense Selling Pressure Amid Significant Price Declines

G G Engineering 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 3.03% in just one day, while the Sensex has gained 0.44% during the same period. Over the past week, G G Engineering's performance has worsened, with a loss of 14.67%, contrasting sharply with the Sensex's modest increase of 0.80%.
The stock has been on a downward trajectory for seven consecutive days, accumulating a total decline of 23.81% in this timeframe. Year-to-date, G G Engineering has plummeted by 63.64%, significantly underperforming the Sensex, which has risen by 3.48%. The stock's performance over the past year is particularly concerning, with a staggering loss of 71.17% compared to the Sensex's gain of 9.45%.

Today, G G Engineering hit a new 52-week and all-time low of Rs. 0.63, indicating a challenging market position. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the ongoing selling pressure and lack of buyer interest in the market.