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 consecutive days of losses, with a notable decline of 3.70% in just one day, while the Sensex has managed a slight gain of 0.19%. Over the past week, Shangar Decor has dropped 5.45%, contrasting with the Sensex's decline of 1.56%.
The stock's performance over the past month reveals a staggering 33.33% decrease, while the Sensex has risen by 1.59%. This trend continues over longer periods, with a 62.70% drop in the past year compared to the Sensex's modest gain of 2.16%. Year-to-date, Shangar Decor is down 49.51%, while the Sensex has increased by 5.47%.

The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Contributing factors to this selling pressure may include broader market conditions and company-specific challenges, leading to a significant underperformance against the sector by 4.07%.