S V Global Mill Ltd Faces Selling Pressure, Declines 2.07% Amidst Market Gains

S V Global Mill Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a decline of 2.07% in its stock price, contrasting sharply with the Sensex, which has gained 0.48% on the same day. This marks a notable trend reversal, as S V Global Mill had previously enjoyed four consecutive days of gains before this downturn.
Over the past week, the stock has performed well, up 9.23%, but its three-month performance reveals a decline of 8.39%, indicating a longer-term struggle. Year-to-date, S V Global Mill has seen a slight decrease of 0.49%, while the Sensex has risen by 5.17%. The stock's performance over the past year is also concerning, with a drop of 2.04% compared to the Sensex's increase of 1.40%.

Today's trading saw the stock open at Rs 142, hitting an intraday low of the same price, and it has not shown any range beyond this point. Despite being above its 5-day, 20-day, and 50-day moving averages, it remains below its 100-day and 200-day moving averages, suggesting a potential shift in market sentiment. The stock has underperformed its sector by 2.34%, contributing to the ongoing selling pressure.