S V Global Mill Faces Intense Selling Pressure Amid Consecutive Losses and Declines

S V Global Mill Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a total decline of 9.71%. Today, the stock fell by 4.98%, significantly underperforming the Sensex, which decreased by only 0.28%.
In the past week, S V Global Mill has declined by 3.37%, while the Sensex has dropped by 1.85%. Over the last month, the stock has seen a steep decline of 15.86%, compared to the Sensex's 4.04% decrease. Notably, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

The stock's performance over the longer term shows a mixed picture; while it has gained 19.04% over the past year, it has underperformed the Sensex, which is down 0.85%. The year-to-date performance also reflects a decline of 4.48%, contrasting with the Sensex's gain of 3.23%. Factors contributing to the selling pressure may include broader market trends and sector-specific challenges within the realty industry. The stock reached an intraday low of Rs 136.3 today, highlighting the ongoing volatility.