SKIL Infrastructure Faces Heavy Selling Pressure, Stock Declines 4.84% to All-Time Low of Rs. 1.18

SKIL Infrastructure 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 4.84% in just one day. Over the past week, the stock has also underperformed, matching this decline, while its performance over the last month reveals a staggering drop of 21.33%.
In comparison to the Sensex, SKIL Infrastructure's performance has been markedly poor. The stock has lost 75.77% year-to-date, while the Sensex has gained 7.13%. Over three years, SKIL has declined by 66.76%, contrasting sharply with the Sensex's 37.60% increase. The stock has hit a new 52-week and all-time low of Rs. 1.18 today, reflecting its ongoing struggles.

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 persistent downward trend. Overall, the stock's performance highlights a challenging environment for SKIL Infrastructure within the construction sector.