GHV Infra Projects Ltd Faces Selling Pressure with 5% Decline Amidst Ongoing Losses

GHV Infra Projects Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a total decline of 9.74%. Today, the stock opened with a gap down of 5%, reaching an intraday low of Rs 314.65. In terms of performance, GHV Infra Projects has underperformed relative to the Sensex, which is down only 0.65% today. Over the past week, the stock has declined by 4.58%, while the Sensex fell by 1.40%. The one-month performance shows GHV down 2.28%, contrasting with a 1.02% increase in the Sensex. Despite a remarkable one-year performance of 4340.45%, the stock's recent trends indicate a shift, particularly as it has underperformed its sector by 4.87% today. The stock remains above its 50-day, 100-day, and 200-day moving averages, but is below its 5-day and 20-day moving averages, suggesting a potential shift in momentum. Factors contributing to this selling pressure may include market sentiment and profit-taking after substantial gains in previous periods.