Panorama Studios Faces Intense Selling Pressure Amid Consecutive Losses and Price Declines

Panorama Studios International Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 10.21% over the last two days. Today, the stock fell by 4.14%, significantly underperforming the Sensex, which gained 0.54%.
In the past week, Panorama Studios has seen a decrease of 1.01%, while the Sensex rose by 1.77%. Over the past month, the stock has declined by 4.05%, contrasting with the Sensex's increase of 4.14%. The three-month performance shows a drop of 9.61% for Panorama Studios, compared to a slight decline of 1.27% in the Sensex.

Despite a strong one-year performance of 15.13% against the Sensex's 6.45%, the year-to-date figures reveal a decline of 3.20% for Panorama Studios, while the Sensex is down only 0.56%. The stock's price summary indicates it touched an intraday low of Rs 200, reflecting a 4.81% drop. Additionally, while the stock is above its 50-day moving average, it remains below its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a potential shift in market sentiment.