International Data Management Faces Intense Selling Pressure Amid Consecutive Losses

International Data Management 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 decline of 1.13% during this period. In today's trading, the stock is down by 0.66%, contrasting with the Sensex, which has gained 0.22%.
Over the past week, International Data Management has underperformed the Sensex, which has seen a decline of 1.53%. However, on a monthly basis, the stock has shown a slight increase of 1.41%, while the Sensex has risen by 1.62%. Despite a strong performance over the longer term, including a 19.79% increase over the last three months, the year-to-date performance reveals a significant decline of 21.83%, compared to the Sensex's gain of 5.50%.

The stock's price summary indicates that it has outperformed its sector by 1.17% today, although it remains lower than the 5-day moving average while being higher than the 20, 50, 100, and 200-day moving averages. This selling pressure may be influenced by various market dynamics, including investor sentiment and broader economic factors affecting the commercial services and supplies industry.