Sudarshan Pharma Industries Ltd Faces Significant Selling Pressure, Declines 4.99% Amid Seller Dominance.

Sudarshan Pharma Industries Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline of 4.99% in its stock price, contrasting sharply with the Sensex, which has seen a marginal increase of 0.03%. This marks a trend reversal for Sudarshan Pharma, as it has fallen after six consecutive days of gains.
Over the past week, the stock has performed positively with a 5.30% increase, but this is overshadowed by its longer-term performance. In the last month, it has dipped by 0.18%, while over three months, it has lost 9.90%. Year-to-date, the stock has plummeted by 38.83%, significantly underperforming the Sensex, which has gained 6.84% during the same period.

The stock opened with a loss of 2.27% today and reached an intraday low of Rs 27.5, reflecting a decline of 4.01%. Despite being above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages, indicating a challenging market position for this microcap in the specialty chemicals sector.