G G Engineering Faces Intense Selling Pressure Amid Significant Yearly Losses

G G Engineering Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past 10 days, resulting in a total loss of 15.63%. Today, G G Engineering's stock price fell by 1.82%, underperforming the Sensex, which decreased by only 0.66%.
Over the past week, G G Engineering has seen a notable decline of 8.47%, while the Sensex remained relatively stable with a mere 0.09% drop. The stock's performance over the last month shows a stark contrast, with a gain of 10.20%, but this is overshadowed by a staggering 75.68% loss over the past year compared to the Sensex's modest gain of 2.54%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Contributing factors to this selling pressure may include broader market conditions and investor sentiment, particularly in the heavy electrical equipment sector, where G G Engineering operates as a microcap company.