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 consecutive decline over the past three days, resulting in a total loss of 13.24%. Today, the stock fell by 4.84%, starkly contrasting with the Sensex, which saw a marginal increase of 0.01%.
Over the past week, Shangar Decor has underperformed the Sensex, declining by 4.84% compared to the index's slight drop of 0.97%. The stock's performance over the last month remains stagnant at 0.00%, while the Sensex has gained 2.78%. More concerning is the long-term trend, with Shangar Decor's three-month performance down by 41.58% and a staggering 61.69% decline over the past year, while the Sensex has risen by 4.00% during the same period.

Today, Shangar Decor hit a new 52-week and all-time low of Rs. 0.59, indicating a significant downturn. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the ongoing selling pressure and lack of buyer interest in the market.