Shradha AI Technologies Faces Intense Selling Pressure Amid Consecutive Losses
Shradha AI Technologies Ltd is experiencing notable selling pressure, with the stock declining significantly over the past month and year-to-date. It has underperformed against the Sensex, trading below key moving averages. The stock's recent performance reflects ongoing challenges and negative investor sentiment in the market.
Shradha AI Technologies Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a decline of 14.26% during this period. Today, the stock fell by 4.99%, significantly underperforming the Sensex, which only dipped by 0.32%.In terms of broader performance, Shradha AI Technologies has seen a staggering 24.78% drop over the past month, while the Sensex has gained 1.41%. Over the last three months, the stock has decreased by 26.05%, contrasting sharply with the Sensex's increase of 11.16%. Year-to-date, Shradha AI Technologies has plummeted by 37.59%, while the Sensex has risen by 4.14%.
The stock's price summary indicates it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its current struggles. The intraday low reached Rs 34.64 reflects the ongoing selling trend, which may be influenced by various market dynamics and investor sentiment.
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