Shangar Decor Ltd Faces Selling Pressure, Declines 3.13% Amid Total Loss of 83.72% Yearly

Shangar Decor Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced consecutive losses, falling by 3.13% today alone, which marks a total decline of 6.06% over the past two days. This performance starkly contrasts with the Sensex, which has only dipped by 0.31% today.
Over the past week, Shangar Decor has not seen any gains, while the Sensex has risen by 1.20%. The disparity continues over longer periods, with the stock down 34.04% over the last three months compared to a 4.49% increase in the Sensex. Year-to-date, Shangar Decor has plummeted by 69.90%, while the Sensex has gained 7.78%.

The stock is currently trading close to its 52-week low, just 3.23% above Rs 0.30. Additionally, it is underperforming its sector by 3.92% and is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. These trends indicate a challenging environment for Shangar Decor amidst ongoing selling activity.