RDB Infrastructure and Power Faces Intense Selling Pressure Amid Consecutive Losses

RDB Infrastructure and Power Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 5.17% in today's trading session, contrasting sharply with the Sensex's minor drop of 0.28%. Over the past week, RDB Infrastructure and Power has lost 4.16%, while the Sensex gained 1.27%.
In the month, the stock's performance has been slightly better than the Sensex, with a decline of 4.67% compared to the Sensex's 4.79%. However, the longer-term performance remains strong, with a remarkable 259.04% increase over the past year, significantly outpacing the Sensex's stagnant growth of 0.01%.

Today's trading saw the stock hit an intraday low of Rs 55, reflecting a 4.01% drop. Despite being above the 50-day, 100-day, and 200-day moving averages, it remains below the 5-day and 20-day moving averages, indicating a potential shift in market sentiment. The selling pressure may be attributed to broader market trends and sector-specific challenges within the construction and real estate industry.