Aartech Solonics Faces Intense Selling Pressure Amid Significant Price Declines
Aartech Solonics Ltd is experiencing significant selling pressure, with the stock declining 6.26% in a single day and 9.29% over the past week. It has recorded consecutive losses for three days, totaling a 12.25% drop, and has underperformed the Sensex over the past month and three months.
Aartech Solonics Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company, operating in the electric equipment sector, has experienced a notable decline, with a performance drop of 6.26% in just one day, contrasting sharply with the Sensex's modest gain of 0.46%. Over the past week, Aartech Solonics has lost 9.29%, while the Sensex remained nearly flat at 0.07%.The stock has now recorded consecutive losses for three days, accumulating a total decline of 12.25% during this period. In terms of longer-term performance, Aartech Solonics has fallen 15.94% over the past month and 27.37% over the last three months, significantly underperforming the Sensex, which has seen a decline of only 8.08% in the same timeframe.
Today's trading saw the stock hit an intraday low of Rs 56.15, and it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This trend indicates a challenging market position for Aartech Solonics, contributing to the ongoing selling pressure.
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