Milestone Global Ltd Faces Selling Pressure Amid 24.62% Yearly Loss Despite Recent Price Gains

Milestone Global Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend is underscored by a series of consecutive losses, as the stock has been on a downward trajectory despite a recent uptick in performance. Over the past week, Milestone Global has recorded a 10.23% increase, yet this is juxtaposed against a year-to-date decline of 15.68%, while the Sensex has gained 8.46% in the same period. In terms of daily performance, Milestone Global outperformed the sector by 5.66%, opening with a gain of 4.98% and reaching an intraday high of Rs 28.66. However, the stock has not traded on three occasions out of the last 20 days, indicating erratic trading behavior. The stock's performance over various time frames reveals a stark contrast to the Sensex, with a one-year decline of 24.62% compared to the Sensex's gain of 9.58%. Factors contributing to the selling pressure may include market volatility and investor sentiment, which appear to be impacting the microcap stock's stability. Overall, Milestone Global's trading patterns and performance metrics highlight a complex market position amid ongoing selling activity.