Krishna Ventures Faces Intense Selling Pressure Amid Significant Yearly 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 nine days, resulting in a total loss of 8.39% during this period. Today, Krishna Ventures reported a performance drop of 1.97%, which is notably worse than the Sensex's decline of 0.95%.
In terms of weekly performance, Krishna Ventures has fallen by 5.94%, compared to the Sensex's 1.15% drop. Over the past month, however, the stock has shown a slight gain of 5.60%, while the Sensex has increased by 7.76%. Despite this short-term uptick, the longer-term outlook remains concerning, with a staggering 61.97% decline over the past year, contrasting sharply with the Sensex's gain of 9.90%.

The stock's performance relative to key moving averages indicates that it is currently above the 20-day moving average but below the 5-day, 50-day, 100-day, and 200-day moving averages. This trend may reflect underlying challenges contributing to the ongoing selling pressure in the market.