Kridhan Infra Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance

Kridhan Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past eight days, resulting in a total decline of 13.13% during this period. In today's trading session, Kridhan Infra's performance dipped by 1.83%, starkly contrasting with the Sensex, which fell only 0.04%.
Over the past week, Kridhan Infra has lost 8.51%, while the Sensex declined by 1.62%. The stock's performance over the past month reveals a 15.69% drop, compared to the Sensex's 3.81% decrease. Year-to-date, Kridhan Infra has underperformed significantly, with a decline of 25.73% against the Sensex's gain of 3.48%.

Despite a positive performance of 6.17% over the last three months, the longer-term outlook remains concerning, with a staggering 94.54% decline over the past decade compared to the Sensex's impressive growth of 193.35%. The stock is currently trading above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages, indicating a challenging market position for the microcap construction company.