New Light Industries Faces Significant Selling Pressure with 4.59% Daily Loss and 77.71% Year Decline

New Light Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 17.62%. Today, the stock fell by 4.59%, contrasting sharply with the Sensex, which gained 0.37%. Over the past week, New Light Industries has dropped 9.66%, while the Sensex has risen by 0.90%.
In terms of longer-term performance, New Light Industries has struggled significantly, with a staggering 77.71% decline over the past year compared to the Sensex's modest gain of 1.73%. Year-to-date, the stock remains flat at 0.00%, while the Sensex has increased by 6.11%. The three-year performance shows a gain of 23.03% for New Light Industries, but this is overshadowed by the Sensex's 43.15% increase. Over five years, the stock has decreased by 43.67%, while the Sensex has surged by 107.37%.

The stock's performance today underperformed its sector by 5.51%, indicating a challenging market position. Despite being above the 20-day, 50-day, and 100-day moving averages, it remains below the 5-day and 200-day moving averages, suggesting a potential shift in market sentiment.