Zodiac Ventures Ltd Faces Significant Selling Pressure, Stock Drops 4.72% to New 52-Week Low

Zodiac Ventures Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 16.3% during this period. Today, the stock fell by 4.72%, while the benchmark Sensex recorded a modest gain of 0.37%.
Over the past week, Zodiac Ventures has seen a decline of 13.43%, contrasting sharply with the Sensex's increase of 1.56%. The stock's performance has been notably poor on a longer timeline, with a staggering 79.71% drop over the past year, compared to the Sensex's gain of 1.06%.

The stock has reached a new 52-week low of Rs. 3.03 today, underperforming its sector by 6.46%. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Contributing factors to this selling pressure may include broader market trends and company-specific challenges, as reflected in its substantial losses across various time frames.