PVV Infra Ltd Faces Intense Selling Pressure Amid Significant Price Declines
PVV Infra Ltd is experiencing intense selling pressure, with its stock declining significantly over various time frames. The stock has fallen for six consecutive days, reaching a new 52-week low. It is underperforming its sector and trading below key moving averages, reflecting ongoing challenges.
PVV Infra Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price dropping by 4.29% in a single day, contrasting sharply with the Sensex's minimal decline of just 0.10%. Over the past week, PVV Infra has lost 15.20%, while the Sensex has gained 0.81%. This trend continues over a month, with a staggering 28.62% drop for PVV Infra compared to a 5.92% increase in the Sensex.The stock has now fallen for six consecutive days, accumulating a total loss of 16.3% during this period. Today, it reached a new 52-week low of Rs. 4.21, underperforming its sector by 5.81%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.
Contributing factors to this selling pressure may include broader market conditions and company-specific challenges, which have led to a significant decline in performance metrics over various time frames, including a 55.68% drop over the past year.
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