Apollo Finvest Faces Intense Selling Pressure Amid Significant Price Declines

Apollo Finvest (India) Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a consecutive decline over the past three days, resulting in a total loss of approximately 23.83% during this period. Today, Apollo Finvest's performance plummeted by 9.99%, starkly contrasting with the Sensex, which gained 0.48%.
In terms of longer-term performance, Apollo Finvest has struggled, with a year-to-date decline of 23.99% compared to the Sensex's minor drop of 0.61%. Over the past year, the stock has lost 39.75%, while the Sensex has risen by 6.39%. The three-month performance shows a significant drop of 23.70% for Apollo Finvest, against a slight decline of 1.32% for the Sensex.

The stock's price summary indicates it has underperformed its sector by 6.69% today, reaching an intraday low of Rs 594, down 8.17%. While the stock remains above its 20-day moving average, it is below the 5-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The ongoing selling pressure may be attributed to various market dynamics affecting investor sentiment and confidence in the microcap finance sector.