Kridhan Infra Faces Intense Selling Pressure Amid Continued Losses and Declining Performance

Kridhan Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of losses, as the stock has experienced a decline of 3.08% in just one day, mirroring a similar performance over the past week. Over the last month, Kridhan Infra has seen a total drop of 3.54%, while the broader Sensex index has only decreased by 4.36% during the same period.
In terms of longer-term performance, Kridhan Infra has struggled, with a year-to-date decline of 29.36%, contrasting sharply with the Sensex's gain of 2.46%. The stock's performance over the past year shows an 8.09% decrease, while the Sensex has risen by 1.49%. Notably, the stock has underperformed significantly over the last decade, with a staggering 95.10% decline compared to the Sensex's impressive growth of 183.55%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Potential contributing factors to this selling pressure may include broader market conditions, company-specific challenges, or shifts in investor sentiment within the construction industry.