Kridhan Infra Faces Intense Selling Pressure Amid Significant Price Declines

Kridhan Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past 10 days, resulting in a total loss of 14.34% during this period. Today, Kridhan Infra's performance dipped by 1.63%, contrasting sharply with the Sensex, which gained 0.21%.
Over the past week, Kridhan Infra has lost 7.05%, while the Sensex decreased by only 0.65%. The stock's performance over the past month reveals a decline of 10.78%, compared to the Sensex's modest drop of 2.45%. Year-to-date, Kridhan Infra has underperformed significantly, with a loss of 27.12% against the Sensex's gain of 4.49%.

In terms of moving averages, the stock is currently above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages. This trend indicates a challenging market position for Kridhan Infra, contributing to the ongoing selling pressure. The microcap construction company continues to struggle, as reflected in its long-term performance metrics, including a staggering 95.20% decline over the past decade compared to the Sensex's impressive growth of 190.42%.