Ind-Agiv Commerce Ltd Faces Selling Pressure with 15.02% Monthly Loss and 22.44% Decline Over Three Months

Ind-Agiv Commerce Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, reflecting a troubling trend in its performance. Over the past week, Ind-Agiv Commerce has declined by 1.72%, while the benchmark Sensex has only dipped by 0.30%. This underperformance is even more pronounced over the past month, with the stock down 15.02% compared to a 3.67% gain in the Sensex.
The stock's performance over longer periods also reveals a concerning trajectory. In the last three months, Ind-Agiv Commerce has lost 22.44%, while the Sensex has gained 3.41%. Year-to-date, the stock remains flat at 0.00%, contrasting sharply with the Sensex's 7.44% increase.

Contributing factors to the selling pressure may include erratic trading patterns, as the stock did not trade on two days out of the last 20. Currently, it is trading below all key moving averages, indicating a bearish trend. The stock is also close to its 52-week low, just 2.78% away from Rs 70, further highlighting the challenges it faces in the current market environment.