SKIL Infrastructure Faces Significant Selling Pressure, Stock Declines 4.90% to New All-Time Low

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 4.90% in its one-day performance, starkly contrasting with the Sensex's modest drop of 0.40%. Over the past week, SKIL Infrastructure has also underperformed, recording a 4.90% loss compared to a slight gain of 0.47% for the Sensex.
The stock's performance over the past month has been particularly alarming, with a decline of 20.93%, while the Sensex has managed a slight increase of 0.33%. Year-to-date, SKIL Infrastructure has plummeted by 72.07%, in stark contrast to the Sensex's gain of 5.16%. The stock has hit a new 52-week and all-time low of Rs. 1.36 today, reflecting a troubling trend.

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.