Grandma Trading & Agencies Ltd Faces Significant Selling Pressure, Hits All-Time Low of Rs. 0.49

Grandma Trading & Agencies Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has recorded consecutive days of losses, reflecting a troubling trend for investors. Over the past week, the stock has generated a return of 0.00%, while the Sensex has gained 1.21%. This pattern continues over a longer timeframe, with Grandma Trading's performance remaining stagnant at 0.00% for the past month, compared to the Sensex's increase of 1.07%.
The stock has seen a dramatic decline of 48.96% over the past year, contrasting sharply with the Sensex's modest gain of 0.61%. Year-to-date, Grandma Trading has dropped 27.94%, while the Sensex has risen by 4.90%. Notably, the stock has hit a new 52-week and all-time low of Rs. 0.49 today, underscoring the ongoing challenges it faces.

The stock has fallen every week for the last eight weeks, generating no returns during this period. Additionally, Grandma Trading is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These factors collectively contribute to the heightened selling pressure observed in the market.