Shangar Decor Ltd Faces Heavy Selling Pressure as Stock Declines 3.03% to All-Time Low

Shangar Decor Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses, with a decline of 3.03% in just one day. Over the past week, the stock has also dropped by 3.03%, while its performance over the last month reveals a more substantial decline of 13.51%.
In comparison to the Sensex, which has shown a slight increase of 0.08% today, Shangar Decor's performance has been notably poor. The stock has underperformed the sector by 3.57% today alone. Over the past year, Shangar Decor has plummeted by 77.53%, contrasting sharply with the Sensex's modest gain of 0.43%.

The stock has reached a new 52-week and all-time low of Rs. 0.32 today, reflecting a staggering 93.38% decline over the past five years. Additionally, Shangar Decor is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This persistent selling trend raises questions about the underlying factors contributing to the stock's ongoing struggles in the market.