Lakhotia Polyesters Faces Intense Selling Pressure Amid Consecutive Losses

Mar 24 2025 09:50 AM IST
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Lakhotia Polyesters (India) Ltd is experiencing notable selling pressure, with the stock declining over the past two days and underperforming against the Sensex. Despite a brief gain earlier in the day, the stock has shown erratic trading patterns and faces challenges in the current market environment.
Lakhotia Polyesters (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a total decline of 9.71%. In today's trading, Lakhotia Polyesters fell by 2.48%, underperforming the Sensex, which gained 0.64%.

Over the past week, the stock has declined by 1.90%, while the Sensex rose by 4.35%. Despite a positive performance of 3.35% over the past month, Lakhotia Polyesters has struggled in the longer term, with a 6.94% drop over the last three months compared to the Sensex's decline of just 1.37%.

The stock opened with a gain of 4.98% today but quickly reversed course, hitting an intraday high of Rs 42.34 before dropping to a low of Rs 38.32. Notably, the stock has been trading erratically, with no activity on one day out of the last 20. The current trading dynamics suggest a challenging environment for Lakhotia Polyesters, as it continues to navigate through a period of heightened selling activity.
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