Sical Logistics Faces Intense Selling Pressure Amid Significant Price Declines

Sical Logistics Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has recorded consecutive days of losses, with a notable decline of 4.97% in its one-day performance. This stark contrast is evident when compared to the Sensex, which has gained 2.47% on the same day. Over the past week, Sical Logistics has also underperformed, with a weekly loss of 4.97%, while the Sensex rose by 0.76%.
In terms of longer-term performance, Sical Logistics has seen a substantial decline of 39.80% over the past year, compared to the Sensex's gain of 12.04%. Year-to-date, the stock is down 24.34%, while the Sensex has increased by 4.19%. Despite a remarkable three-year performance of 1000.10%, the stock's recent trajectory raises concerns.

Today's trading session opened with a gap down, starting at Rs 111, and the stock has since remained at this price, reaching an intraday low of Rs 111. The logistics sector overall has seen a gain of 2.68%, further highlighting Sical Logistics' struggles. The stock's erratic trading pattern, with five days of inactivity in the last 20 days, may also contribute to the current selling pressure.