Vikram Aroma Faces Intense Selling Pressure Amid Consecutive Losses and Declining Stock Performance

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 eight days, resulting in a total decline of 14.78%. Today, Vikram Aroma's performance dipped by 1.98%, notably underperforming the Sensex, which fell by only 0.44%.
In the past week, Vikram Aroma has seen a substantial decline of 9.49%, while the Sensex has managed a slight gain of 0.30%. Over the last month, the stock has plummeted by 26.29%, contrasting sharply with the Sensex's modest increase of 0.39%. Despite a positive performance over the last three months, where Vikram Aroma gained 18.89%, the longer-term view reveals stagnation, with no change in its price over the past year.

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 ongoing selling pressure may be attributed to various factors, including market sentiment and broader economic conditions affecting the specialty chemicals sector.