Sonu Infratech Ltd Faces Intense Selling Pressure Amidst Significant Price Declines

Sonu Infratech Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has recorded a notable decline of 4.99% in just one day, starkly contrasting with the Sensex, which has only dipped by 0.52%. This marks a continuation of a downward trend, as Sonu Infratech has experienced consecutive days of losses, with a weekly performance down by 9.02% compared to the Sensex's gain of 2.11%.
Over the past month, Sonu Infratech's performance has also been disappointing, with a decline of 9.63%, while the Sensex has risen by 2.67%. Despite a strong performance over the past year, where the stock surged by 87.02% against the Sensex's 5.81%, recent trends indicate a shift in market sentiment.

Potential contributing factors to the selling pressure may include broader market dynamics and sector-specific challenges within the construction industry. The stock's price summary indicates it is currently underperforming its sector by 4.72%. While it remains above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a shift in momentum.