Sarthak Global Ltd Faces Selling Pressure with 25.69% Decline Over Last 15 Trading Days

Sarthak Global Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past 15 days, resulting in a total loss of 25.69% during this period. In today's trading, Sarthak Global Ltd has dropped by 1.99%, underperforming the Sensex, which has decreased by only 0.39%.
Over the past week, Sarthak Global has seen a notable decline of 9.56%, contrasting sharply with the Sensex's gain of 1.12%. On a monthly basis, the stock has remained relatively stable with a slight decrease of 0.46%, while the Sensex has risen by 2.58%. Despite a strong performance over the past three years, where Sarthak Global surged by 742.75%, its one-year performance stands at 0.00%, lagging behind the Sensex's 8.46% increase.

The stock opened at 55.79 today and has traded at this price without significant fluctuations. While it remains above its 50-day, 100-day, and 200-day moving averages, it is currently below its 5-day and 20-day moving averages, indicating a potential shift in momentum. The ongoing selling pressure may be attributed to various market dynamics, including investor sentiment and broader economic factors.