Kridhan Infra Faces Intensified Selling Pressure Amid Consecutive Losses and Market Challenges

Kridhan Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has recorded consecutive days of losses, reflecting a troubling trend for investors. Today, Kridhan Infra's stock price declined by 1.90%, underperforming the Sensex, which fell by 0.54%. Over the past week, the stock has also decreased by 1.90%, compared to a 1.32% decline in the Sensex.
In the broader context, Kridhan Infra's performance over the past month shows a decrease of 2.36%, while the Sensex has dropped by 3.99%. However, the stock's year-to-date performance is concerning, with a decline of 28.50%, contrasting sharply with the Sensex's gain of 2.52%. Over the last year, Kridhan Infra has seen a decrease of 6.97%, while the Sensex has increased by 0.81%.

The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Contributing factors to this selling pressure may include broader market conditions and sector-specific challenges within the construction industry.