V R Woodart Faces Intense Selling Pressure Amidst Ongoing Price Declines

V R Woodart Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with its stock price down 4.81% in a single day, compared to a modest 0.73% drop in the Sensex. This marks a continuation of a troubling trend, as V R Woodart has now recorded losses for 12 consecutive days, resulting in a total decline of 34.67% during this period.
Over the past week, the stock has fallen by 22.43%, and its performance over the last month shows a staggering decrease of 32.12, while the Sensex has remained relatively stable with a gain of 0.44%. Despite a strong performance earlier in the year, with a year-to-date increase of 395.06%, the recent downturn has raised concerns.

The stock opened today at Rs 30.05, hitting an intraday low of the same price, and has not shown any range in trading. While V R Woodart's longer-term performance remains impressive, with a 1,533.15% increase over the past decade, the current selling pressure and consecutive losses highlight a significant shift in market sentiment.