Dhruva Capital Faces Intense Selling Pressure Amid Consecutive Losses and Underperformance

Dhruva Capital Services Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive losses over the past three days, with a decline of 2.89% during this period. In stark contrast, the benchmark Sensex has gained 3.85% over the same week, highlighting the underperformance of Dhruva Capital.
On a daily basis, Dhruva Capital's performance is down 0.49%, while the Sensex has risen by 0.43%. Over the past month, the stock has shown a notable increase of 19.03%, but this is overshadowed by a staggering 51.21% decline over the past year, compared to the Sensex's 5.55% gain. Year-to-date, the stock is down 35.53%, while the Sensex has only dipped by 1.88%.

The stock's erratic trading pattern is evident, as it did not trade on three out of the last 20 days. Currently, it has opened at 232.1 and has remained at this price point, indicating a lack of volatility. Additionally, while the stock is trading above its 20-day moving average, it remains below its 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market position.