Shangar Decor Faces Intense Selling Pressure Amid Significant Price Declines and Losses

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 five days, resulting in a notable loss of 19.12%. In today's trading session, Shangar Decor's stock price fell by 3.51%, while the benchmark Sensex managed a slight gain of 0.07%.
The performance metrics reveal a stark contrast between Shangar Decor and the Sensex. Over the past month, the stock has remained stagnant, while the Sensex has risen by 1.59%. The three-month performance shows a dramatic decline of 43.88% for Shangar Decor, compared to a 12.49% increase in the Sensex. Year-to-date, the stock has plummeted by 46.60%, while the Sensex has gained 6.86%.

Today, Shangar Decor hit a new 52-week and all-time low of Rs. 0.55, underperforming its sector by 3.78%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The ongoing selling pressure may be attributed to various factors, including market sentiment and company-specific challenges.