Arrow Greentech Faces Increased Selling Pressure Amid Consecutive Losses and Market Underperformance

Apr 23 2025 11:35 AM IST
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Arrow Greentech Ltd is experiencing notable selling pressure, with its stock declining over the past two days. Despite a recent monthly gain, the stock has struggled in the longer term, underperforming the Sensex. Current trading indicates mixed performance relative to moving averages, suggesting changing market sentiment.
Arrow Greentech Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past two days, resulting in a total decline of 3.4%. Today, Arrow Greentech's stock price fell by 1.99%, underperforming the Sensex, which gained 0.14%.

In the broader context, Arrow Greentech's performance has been mixed. Over the past week, the stock rose by 2.20%, but this was overshadowed by the Sensex's 3.46% increase. Over the last month, Arrow Greentech has shown a notable gain of 26.41%, significantly outperforming the Sensex's 3.65%. However, the stock has struggled in the longer term, with a 12.44% decline over the past three months compared to the Sensex's 4.17% rise.

The price summary indicates that Arrow Greentech opened at 663.65 and has remained at this level, with its performance today underperforming its sector by 1.42%. The stock's moving averages suggest it is currently above the 5-day, 20-day, and 50-day averages but below the 100-day and 200-day averages, indicating a potential shift in market sentiment.
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