Supreme Infrastructure India Ltd 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 recorded consecutive days of losses, with a notable decline of 2.15% in its one-day performance, while the Sensex remained unchanged at 0.00%. Over the past week, the stock has dropped by 6.19%, compared to a modest gain of 0.45% for the Sensex.
In the last month, Supreme Infrastructure India has seen a decrease of 5.21%, while the Sensex has risen by 1.28%. The three-month performance reveals a stark contrast, with the stock down 13.47% against the Sensex's gain of 11.09%. Year-to-date, the stock has plummeted by 33.77%, while the Sensex has increased by 4.06%.

The price summary indicates that Supreme Infrastructure India Ltd has underperformed its sector by 2.54%, touching an intraday low of Rs 88.35, reflecting a 5% decline. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting a bearish trend. Factors contributing to this selling pressure may include broader market conditions and company-specific challenges.