Srestha Finvest Faces Intense Selling Pressure Amid Significant Price Declines

Srestha Finvest 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 8.33% in just one day, starkly contrasting with the Sensex's modest drop of 0.53%. Over the past week, Srestha Finvest has lost 10.20%, while the Sensex fell by only 1.41%.
In the last month, the stock has declined by 12.00%, compared to a slight gain of 0.64% for the Sensex. The three-month performance reveals a substantial drop of 21.43% for Srestha Finvest, against a 10.69% increase in the Sensex. Year-to-date, the stock has plummeted by 46.34%, while the Sensex has risen by 3.69%.

Today, Srestha Finvest hit a new 52-week and all-time low of Rs. 0.44, underperforming its sector by 8.15%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. Factors contributing to this selling pressure may include broader market conditions and company-specific challenges, leading to a lack of buyer interest.