Supreme Infrastructure India Faces Intense Selling Pressure Amid Significant Price Declines

Supreme Infrastructure India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of approximately 10.63% during this period. Today, the stock's performance is down by 0.09%, slightly outperforming the Sensex, which is down by 0.10%. However, the broader trend reveals a concerning picture, as the stock has lost 4.29% over the past week and 9.19% over the past month, while the Sensex has only declined by 0.87% and 0.64%, respectively.
In terms of longer-term performance, Supreme Infrastructure India has shown resilience with a 63.66% increase over the past year, contrasting sharply with the Sensex's decline of 3.00%. However, year-to-date, the stock is down 21.98%, while the Sensex has gained 2.49%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The day's low was recorded at Rs 102.1, reflecting a decline of 4.85%. Factors contributing to this selling pressure may include market sentiment and sector-specific challenges within the construction industry.