Vikram Aroma Ltd Faces Intense Selling Pressure Amid Consecutive Losses

Vikram Aroma Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, operating in the specialty chemicals sector, has recorded consecutive losses over the past two days, with a total decline of 7.96%. Today, the stock opened with a gap down of 2.51% and reached an intraday low of Rs 88.32, reflecting a 4.99% decrease.
In terms of performance relative to the Sensex, Vikram Aroma has notably underperformed. Over the past week, the stock has dropped 11.68%, while the Sensex has only seen a minor decline of 0.34%. The one-month performance shows a decline of 12.90% for Vikram Aroma compared to a slight gain of 0.98% for the Sensex. This trend continues across longer time frames, with Vikram Aroma's three-month performance at -8.29% versus the Sensex's 0.25%.

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 combination of these factors suggests a challenging environment for Vikram Aroma Ltd as it navigates through this period of heightened selling activity.