Shangar Decor Ltd Faces Intense Selling Pressure Amid Significant Price Declines

Shangar Decor Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price dropping by 3.64% in just one day, contrasting sharply with the Sensex's modest decline of 0.21%. Over the past week, Shangar Decor has lost 18.46%, while the Sensex has gained 0.15%. This trend of consecutive losses extends to six days, during which the stock has plummeted by 22.06%.
In terms of longer-term performance, Shangar Decor has seen a staggering 63.50% decline over the past year, compared to the Sensex's increase of 3.96%. The stock has also underperformed significantly over three, five, and ten-year periods, with losses of 39.77%, 70.35%, and no growth, respectively, while the Sensex has shown substantial gains.

Today, Shangar Decor hit a new 52-week and all-time low of Rs. 0.53, trading below all key moving averages. The stock's performance has been further exacerbated by a lack of buying interest, indicating a challenging market position within the diversified commercial services sector.