Sadhna Broadcast Faces Intense Selling Pressure Amidst Significant Yearly Losses

Sadhna Broadcast Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, reflecting a troubling trend for investors. In the last trading session, Sadhna Broadcast's stock price fell by 5.92%, starkly contrasting with the Sensex, which gained 0.41%. Over the past week, the stock has declined by 2.88%, while the Sensex rose by 1.64%.
The performance of Sadhna Broadcast over various time frames reveals a consistent underperformance relative to the broader market. In the last month, the stock is up just 0.75%, compared to the Sensex's 4.01% increase. Year-to-date, Sadhna Broadcast has dropped 10.00%, while the Sensex has only seen a slight decline of 0.69%. Notably, the stock has lost 34.47% over the past year, while the Sensex has gained 6.31%.

Contributing factors to this selling pressure may include the stock's performance relative to its moving averages, as it is currently trading below the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has underperformed its sector by 7.92%, indicating broader challenges within the TV broadcasting and software industry.