Uravi Defence & Technology Ltd Faces Heavy Selling Pressure, Stock Declines 5% to New All-Time Low

Uravi Defence & Technology 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 7.78% during this period. Today, the stock fell by 5.00%, significantly underperforming the Sensex, which only declined by 0.34%.
In terms of longer-term performance, Uravi Defence & Technology has seen a staggering drop of 58.29% over the past three months and a 57.47% decline over the past year, while the Sensex has gained 9.47% in the same timeframe. The stock has also hit a new 52-week and all-time low of Rs. 204.4 today, reflecting a challenging market position.

Despite opening with a gain of 3.18%, the stock quickly reversed course, reaching an intraday high of Rs. 225.9 before falling to its low of Rs. 204.4. The high volatility today, with an intraday fluctuation of 9.54%, indicates a turbulent trading environment. Additionally, Uravi Defence & Technology is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its current struggles in the market.