Supreme Infrastructure India Ltd Faces 4.94% Decline Amid Significant Selling Pressure and Losses

Supreme Infrastructure India 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 4.94% in its one-day performance, starkly contrasting with the Sensex's modest gain of 0.43%. Over the past week, the stock has dropped 4.20%, while the Sensex has risen by 1.67%.
In the last month, Supreme Infrastructure India has seen a substantial decline of 14.41%, compared to the Sensex's increase of 1.16%. The three-month performance reveals a 24.94% drop, while the Sensex has gained 5.37%. Year-to-date, the stock is down 34.50%, significantly underperforming the Sensex, which has risen by 8.69%.

Today's trading opened with a gap down, starting at Rs 90 and reaching an intraday low of Rs 90, reflecting a lack of upward movement. The stock is currently 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 sector-specific challenges within the construction industry.