Rajnish Wellness Faces Intense Selling Pressure Amid Significant Price Declines

Rajnish Wellness Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the last 15 days, resulting in a substantial loss of 21.05% during this period. Today, the stock fell by 1.10%, while the benchmark Sensex gained 0.59%, highlighting a stark contrast in performance.
Over the past week, Rajnish Wellness has declined by 4.26%, compared to a slight drop of 1.06% in the Sensex. The monthly performance reflects a 6.25% decrease for Rajnish Wellness, while the Sensex has risen by 4.47%. The stock's performance over three months shows a staggering decline of 39.60%, against a modest 4.34% drop in the Sensex.

Year-to-date, Rajnish Wellness has lost 37.06%, while the Sensex has only decreased by 2.13%. Over the past year, the stock has plummeted by 87.41%, contrasting sharply with the Sensex's gain of 3.48%. Currently, the stock is trading close to its 52-week low, just 2.22% above Rs 0.88. Additionally, it is trading below all key moving averages, indicating a sustained downward trend in its market position.