Vikram Aroma Ltd Faces Intense Selling Pressure Amid Consecutive Losses
Vikram Aroma Ltd is experiencing notable selling pressure, with the stock declining over the past two days. Despite recent gains over the week and month, its three-month performance shows a decline. The stock remains flat year-over-year, trading consistently at 121.55, above several moving averages.
Vikram Aroma Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced consecutive losses over the past two days, declining by 2.8% during this period. Today, Vikram Aroma's performance dipped by 1.98%, underperforming the Sensex, which fell by only 0.44%.Despite a positive performance over the past week and month, where the stock gained 6.62% and 10.25% respectively, its three-month performance shows a decline of 9.80%. Over the past year, Vikram Aroma has remained flat, with a 0.00% change, while the Sensex has increased by 2.41%. The year-to-date performance mirrors this stagnation, with both the stock and the index showing no growth.
The stock opened at 121.55 and has traded at this price throughout the session, indicating a lack of volatility. Additionally, it is noteworthy that Vikram Aroma is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a complex market position despite the current selling trend.
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