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 four days. Despite recent losses, it remains above several key moving averages. The company's performance has been mixed, showing gains over the past month but losses in the three-month period.
Vikram Aroma Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past four days, resulting in a total decline of 6.32%. Today's performance reflects a decrease of 1.97%, contrasting with the Sensex's decline of 0.69%. Over the past week, Vikram Aroma has seen a drop of 3.54%, while the Sensex fell by 1.47%. In the longer term, the stock's performance has been mixed; it gained 10.99% over the past month, outperforming the Sensex, which declined by 4.14%. However, in the three-month period, Vikram Aroma has lost 3.70%, compared to the Sensex's minor drop of 0.94%.
Despite its recent struggles, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average. The selling pressure may be attributed to broader market trends or specific company-related factors, but further analysis would be required to pinpoint the exact causes.
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