Shelter Infra Projects Ltd Faces Intense Selling Pressure Amid Significant Losses

Shelter Infra Projects 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 4.64% in just one day, compared to the Sensex's drop of 0.72%. Over the past week, Shelter Infra Projects has lost 5.00%, while the Sensex fell by 1.32%.
Despite a strong performance over the past month, where the stock gained 11.60%, its year-to-date performance reveals a troubling trend, with a decline of 17.93% against the Sensex's increase of 3.79%. The stock's performance over three years shows a significant drop of 18.06%, while the Sensex has risen by 53.47% during the same period.

Factors contributing to the selling pressure may include erratic trading patterns, as the stock did not trade on one day out of the last 20 days. Additionally, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it remains below its 5-day and 20-day moving averages, indicating potential volatility. Overall, Shelter Infra Projects Ltd is underperforming its sector by 3.91%, highlighting the current challenges it faces in the market.