G G Engineering Ltd Faces Intense Selling Pressure Amidst Ongoing Losses

G G Engineering Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past 11 days, resulting in a notable decline of 17.57% during this period. In terms of daily performance, G G Engineering Ltd has decreased by 1.61%, underperforming the Sensex, which fell by 0.65%.
Over the past week, the stock has dropped 7.58%, while the Sensex has only declined by 1.53%. This trend continues on a monthly basis, with G G Engineering Ltd down 7.58% compared to a slight gain of 0.52% for the Sensex. The stock's performance over the longer term is also concerning, with a staggering 69.35% decline over the past year, contrasting sharply with the Sensex's gain of 9.41%.

G G Engineering Ltd is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The heavy selling pressure may be attributed to various factors, including market sentiment and company-specific challenges, but the exact reasons remain to be fully analyzed.