Madhav Copper Ltd Faces Selling Pressure with 3.92% Decline Amid Consecutive Losses

Madhav Copper Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has recorded a loss of 3.92% today, starkly contrasting with the Sensex, which has seen a minimal decline of just 0.02%. This marks a continuation of a downward trend, as Madhav Copper has experienced consecutive days of losses, with a weekly performance down by 1.23% compared to the Sensex's gain of 0.67%.
Despite a strong performance over the past month, where the stock rose by 21.68%, its year-to-date performance has been negative at -2.20%, while the Sensex has gained 3.62%. Over the past three years, Madhav Copper has shown impressive growth of 99.34%, outpacing the Sensex's 42.58%. However, the stock's five-year performance reveals a decline of 16.28%, contrasting sharply with the Sensex's substantial increase of 109.24%.

Today's performance also indicates that Madhav Copper is underperforming its sector by 6.41%. Notably, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a complex market position amidst the current selling pressure.