Sheetal Cool Products Ltd Faces Significant Selling Pressure with 54.04% Loss Over Three Years

Sheetal Cool Products Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend marks a continuation of consecutive days of losses, as the stock has declined by 0.60% in today's trading session. Over the past week, Sheetal Cool Products has experienced a substantial drop of 8.27%, significantly underperforming the Sensex, which fell by only 2.14% during the same period.
The stock's performance over the last month reflects a decline of 2.04%, while the Sensex has remained relatively stable with a slight increase of 0.09%. More concerning is the three-month performance, where Sheetal Cool Products has plummeted by 23.49%, compared to the Sensex's decline of 3.46%. Year-to-date, the stock is down 23.87%, contrasting sharply with the Sensex's gain of 3.48%.

Currently, Sheetal Cool Products is trading close to its 52-week low, just 3.11% away from Rs 233.95. The stock is also 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 broader economic conditions affecting the FMCG sector.