Krishna Ventures Faces Intense Selling Pressure Amid Significant Stock Price Declines

Krishna Ventures Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price dropping by 4.97% in just one day, contrasting sharply with the Sensex's modest gain of 0.04%. Over the past week, Krishna Ventures has lost 22.02%, while the Sensex has only dipped by 0.26%.
The stock's performance over the last month reveals a staggering decline of 47.49%, compared to a slight 0.70% decrease in the Sensex. Year-to-date, Krishna Ventures has plummeted by 75.40%, while the Sensex has risen by 4.28%. The stock has now reached a new 52-week low of Rs. 15.09, reflecting a broader trend of consecutive losses, with the stock falling for six straight days and accumulating a total decline of 22.62% during this period.

Additionally, Krishna Ventures is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The stock's performance relative to the Sensex highlights its struggles within the realty sector, contributing to the ongoing selling pressure.