SKIL Infrastructure Faces Intense Selling Pressure Amid Significant Price Declines

SKIL Infrastructure 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 4.82% in just one day. Over the past week, the stock has also dropped by 4.82%, while its performance over the last month reveals a staggering loss of 21.66%.
In comparison to the Sensex, SKIL Infrastructure's performance has been markedly poor. Over the past three months, the stock has plummeted by 43.78%, while the Sensex has gained 3.24%. Year-to-date, SKIL Infrastructure has seen a decline of 55.44%, contrasting sharply with the Sensex's increase of 4.91%. The stock has reached a new 52-week low of Rs. 2.17 today, underperforming its sector by 5.14%.

Several factors may be contributing to this selling pressure, including erratic trading patterns, as the stock did not trade on four days out of the last 20. Additionally, SKIL Infrastructure is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend.