Esha Media Faces Intense Selling Pressure Amid Consecutive Losses and Market Challenges

Esha Media Research 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, with a total decline of 10.62%. Today alone, Esha Media's stock price fell by 9.59%, underperforming the Sensex, which gained 0.36%.
In the past week, Esha Media has seen a decrease of 5.77%, while the Sensex remained nearly flat with a loss of just 0.03%. Over the last month, the stock has declined by 4.92%, compared to the Sensex's 2.50% drop. More notably, the stock has lost 20.06% over the past three months, significantly underperforming the Sensex's 8.17% decline.

The stock's performance has been erratic, with trading interruptions noted, as it did not trade on one day out of the last 20. Currently, Esha Media is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock reached an intraday low of Rs 11.6 today, reflecting the ongoing selling pressure and market challenges faced by the microcap company.