New Light Industries Ltd Faces Significant Selling Pressure with 4.81% Daily Decline and 79.18% Yearly Loss.

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 five days, resulting in a notable loss of 21.59%. This performance starkly contrasts with the Sensex, which has gained 1.29% during the same period.
In terms of daily performance, New Light Industries Ltd has dropped by 4.81%, while the Sensex has shown a modest increase of 0.11%. Over the past month, the stock has managed a slight gain of 5.33%, but this is overshadowed by its year-to-date performance, which remains stagnant at 0.00%, compared to the Sensex's 6.94% rise.

The stock's longer-term performance reveals a troubling trend, with a staggering 79.18% decline over the past year and a 46.39% drop over the last five years, while the Sensex has surged by 108.99% in the same timeframe. Additionally, the stock's current price is higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position for New Light Industries Ltd.