G G Engineering Faces Intense Selling Pressure Amidst 20-Day Losing Streak

G G Engineering Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, which operates in the heavy electrical equipment sector, has experienced a troubling trend, marking its 20th consecutive day of losses. Over this period, the stock has declined by 29.73%.
In terms of performance, G G Engineering has underperformed relative to the Sensex across various time frames. Today, the stock fell by 1.89%, while the Sensex decreased by only 0.70%. Over the past week, G G Engineering's decline reached 8.77%, compared to the Sensex's modest drop of 1.30%. The one-month performance reveals a staggering 22.39% loss for G G Engineering, while the Sensex remained nearly flat at -0.03%.

The stock has hit a new 52-week and all-time low of Rs. 0.52 today, trading significantly below its moving averages across multiple time frames. Contributing factors to this selling pressure may include broader market trends and company-specific challenges, which have led to a drastic decline of 86.56% over the past five years, contrasting sharply with the Sensex's impressive growth of 140.14% in the same period.