Purshottam Investofin Faces Intensified Selling Pressure Amid Continued Price Declines

Purshottam Investofin Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, reflecting a challenging environment for the microcap finance/NBFC company. Over the past week, Purshottam Investofin has declined by 3.53%, while the Sensex has only dipped by 0.07%. The one-month performance reveals a 5.75% decrease for Purshottam Investofin compared to a 3.28% drop in the Sensex.
In the longer term, the stock's performance has been mixed. Over three months, it has gained 3.54%, contrasting with the Sensex's 9.37% decline. However, on a yearly basis, Purshottam Investofin has seen a 5.90% decrease, while the Sensex remains nearly flat at 0.01%. Year-to-date, the stock is down 5.83%, slightly underperforming the Sensex's 5.71% decline.

The stock's erratic trading pattern, with no trades on one day out of the last 20, and its current position below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day) may be contributing factors to the ongoing selling pressure.