Kiduja India Ltd Faces Significant Selling Pressure with 95.85% Year-to-Date Losses

Kiduja India Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, is currently facing significant selling pressure, with today's trading session showing only sellers. The stock has recorded a notable decline of 4.93%, starkly contrasting with the Sensex's modest drop of 0.43%. This marks a continuation of a troubling trend, as Kiduja India has experienced consecutive days of losses.
Over the past month, the stock has plummeted by 15.92%, while the Sensex has gained 2.55%. The three-month performance reveals a staggering decline of 25.13% for Kiduja India, compared to a 4.37% increase in the Sensex. Year-to-date, the stock has lost 95.85%, significantly underperforming the Sensex, which has risen by 7.65%.

Several factors may be contributing to this selling pressure, including broader market conditions and company-specific challenges. The stock's performance today underperformed its sector by 0.96%. Additionally, while Kiduja India is above its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.