Vikas Proppant & Granite Ltd Faces Significant Selling Pressure, Stock Declines 28.57% Year-to-Date

Vikas Proppant & Granite Ltd is currently facing significant selling pressure, with the stock showing only sellers today. This trend has resulted in consecutive days of losses, highlighting a troubling performance trajectory. Over the past week, the stock has declined by 2.78%, while the benchmark Sensex has gained 1.13%. In the last month, Vikas Proppant & Granite has dropped 5.41%, contrasting sharply with the Sensex's 1.37% increase.
The stock's performance over longer periods reveals a stark underperformance. Year-to-date, it has plummeted by 28.57%, while the Sensex has risen by 4.81%. Over three years, Vikas Proppant & Granite has seen a staggering decline of 59.30%, compared to the Sensex's 40.74% gain. The five-year performance is even more alarming, with a drop of 87.41% against the Sensex's impressive 103.81% rise.

Today, the stock hit a new 52-week low of Rs. 0.34, underperforming its sector by 2.08%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These factors collectively contribute to the ongoing selling pressure faced by Vikas Proppant & Granite Ltd.