GTT Data Solutions Faces Intense Selling Pressure Amid Consecutive Losses
GTT Data Solutions Ltd is experiencing notable selling pressure, with consecutive losses over the past two days totaling 7.63%. The stock has underperformed the Sensex recently, showing declines across various time frames, despite a strong one-year performance. The IT - Software sector's challenges may be influencing this trend.
GTT Data Solutions 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 7.63% during this period. Today, the stock fell by 5.06%, underperforming the Sensex, which decreased by 3.93%. In the past week, GTT Data Solutions has seen a decline of 6.77%, compared to the Sensex's drop of 6.48%. Over the last month, the stock has lost 0.65%, while the Sensex has fallen by 2.60%. Notably, the stock's performance over three months shows a significant decline of 14.05%, against the Sensex's 7.41% decrease.
Despite a remarkable one-year performance of 164.15%, GTT Data Solutions has struggled year-to-date, with a decline of 5.17%, while the Sensex has decreased by 7.34%. The stock touched an intraday low of Rs 85.31 today. The IT - Software sector has also faced challenges, falling by 5.3%, which may contribute to the selling pressure on GTT Data Solutions.
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