Uravi Defence & Technology Ltd Faces Significant Selling Pressure, Declines 4.94% 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 consecutive days of losses, with a notable decline of 4.94% in today's trading session. Over the past week, the stock has dropped 7.97%, and its performance over the last month reveals a staggering 14.94% decrease.
In comparison to the Sensex, which has shown a slight gain of 0.10% today, Uravi Defence & Technology's performance has been markedly poor. The stock has underperformed the index across various time frames, including a 57.17% decline over the past three months and a 54.32% drop over the past year.

Today's trading saw the stock hit a new 52-week low of Rs. 219.25, following a volatile session where it opened with a gain of 4.05% but quickly fell to its intraday low. 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 high volatility observed today, with an intraday fluctuation of 5.9%, further underscores the challenges facing Uravi Defence & Technology Ltd.