Shelter Infra Projects Faces Intense Selling Pressure Amid Consecutive Losses

Shelter Infra Projects Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, with a decline of 5.61% during this period. Today, the stock fell by 4.97%, notably underperforming the Sensex, which decreased by only 0.75%.
In the past week, Shelter Infra Projects has seen a loss of 1.46%, while the Sensex recorded a decline of 0.96%. Despite a strong performance over the last month, where the stock gained 7.57% compared to the Sensex's modest increase of 0.33%, the year-to-date performance reveals a troubling trend. The stock is down 16.36% year-to-date, contrasting sharply with the Sensex's gain of 3.36%.

The stock's performance over longer periods also highlights its struggles, with a 3-year decline of 8.61% against the Sensex's impressive 44.82% rise. While Shelter Infra Projects has shown some resilience over five years with an 81.59% increase, this is overshadowed by the Sensex's 136.78% growth in the same timeframe. The stock's current price is above its 20-day, 50-day, 100-day, and 200-day moving averages, but it is below the 5-day moving average, indicating a potential shift in momentum.