Uravi Defence & Technology Ltd Faces Significant Selling Pressure with 4.98% Decline Today

Uravi Defence & Technology Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with a one-day performance of -4.98%, starkly contrasting with the Sensex's minor drop of -0.24%. This trend of losses has persisted, as the stock has recorded consecutive days of declines, including a weekly performance of -8.28% compared to the Sensex's gain of 0.63%.
Over the past month, Uravi Defence & Technology has seen a staggering decline of -38.48%, while the Sensex has remained relatively stable with a gain of 0.49%. The stock's performance over three months shows a significant drop of -52.05%, further highlighting its struggles against the broader market, which has only dipped by -0.24% during the same period.

The price summary indicates that Uravi Defence & Technology has underperformed its sector by -4.56% today, reaching an intraday low of Rs 236.4. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a persistent downward trend. These factors collectively contribute to the ongoing selling pressure faced by the stock.