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 stock has recorded consecutive days of losses, reflecting a troubling trend for investors. Over the past week, Grandma Trading has generated a return of 0.00%, underperforming the Sensex, which has gained 1.60%. This pattern continues over a one-month period, where the stock remains stagnant at 0.00%, while the Sensex has risen by 1.33%.
In terms of longer-term performance, Grandma Trading has seen a staggering decline of 48.42% over the past year, contrasting sharply with the Sensex's modest gain of 1.09%. Year-to-date, the stock is down 27.94%, while the Sensex has increased by 5.59%. The stock has also hit a new 52-week and all-time low of Rs. 0.49 today, further emphasizing the ongoing selling pressure.

The stock has consistently underperformed its sector, with a weekly fall recorded for the last eight weeks. 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 current selling pressure observed in Grandma Trading & Agencies Ltd.