Krishna Ventures Faces Intense Selling Pressure Amid Significant Price Declines and Losses

Krishna Ventures 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 substantial loss of 24.56% during this period. Today, the stock fell by 1.86%, while the benchmark Sensex gained 0.45%, highlighting a stark contrast in performance.
Over the past week, Krishna Ventures has seen a decline of 16.71%, compared to a slight drop of 0.33% in the Sensex. The stock's performance has been consistently negative, with a staggering 72.24% loss over the past year, while the Sensex has risen by 9.39%. The year-to-date performance also reflects a significant downturn, with Krishna Ventures down 64.80% against the Sensex's 4.13% gain.

Today, the stock hit a new 52-week low of Rs. 21.59 and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This persistent selling pressure may be attributed to various factors, including market sentiment and broader economic conditions affecting the realty sector.