Santosh Fine Fab Ltd Faces 28.33% Decline Amid Persistent Selling Pressure and Losses

Santosh Fine Fab Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive days of losses, culminating in a sharp decline of 28.33% in just one day. This stark drop contrasts sharply with the Sensex, which has gained 0.68% during the same period.
Over the past week, Santosh Fine Fab has not shown any positive movement, remaining flat at 0.00%, while the Sensex has risen by 2.67%. The stock's performance over the last three months reveals a decline of 25.84%, compared to a modest 3.39% increase in the Sensex. Year-to-date, the stock remains unchanged, while the Sensex has appreciated by 8.17%.

The stock is now perilously close to its 52-week low, just 0.97% away from Rs 25.5. Notably, Santosh Fine Fab has fallen every week for the past eight weeks, with a cumulative loss of 28.33% during this period. The stock opened significantly lower today at Rs 25.75 and has traded within this narrow range, indicating erratic trading patterns, as it did not trade on five out of the last 20 days. Furthermore, it is currently trading below all key moving averages, reflecting a challenging market position.