Shangar Decor Ltd Faces Intense Selling Pressure Amid Consecutive Losses

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 4.08% in just one day, compared to a modest 0.44% drop in the Sensex. Over the past week, Shangar Decor's performance has worsened by 6.93%, while the Sensex fell by 3.55%.
In the month, the stock has decreased by 3.29%, again underperforming the Sensex, which saw a decline of only 0.58%. The three-month performance reveals a more substantial drop of 11.32% for Shangar Decor, against the Sensex's 4.79% decline. Year-to-date, the stock is down 8.74%, compared to the Sensex's 5.42% decrease. Over the longer term, the three-year performance shows a stark contrast, with Shangar Decor down 20.47% while the Sensex has gained 24.31%.

Currently, Shangar Decor is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. The stock's performance today has underperformed its sector by 2.93%, highlighting the ongoing challenges it faces in the market.