Rajeswari Infrastructure Faces Intense Selling Pressure Amid Significant Price Declines

Rajeswari Infrastructure Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with a 4.99% drop in its stock price, contrasting sharply with the Sensex's modest gain of 0.31%. This marks the third consecutive day of losses for Rajeswari Infrastructure, which has seen a cumulative decline of 11.52% over this period.
Over the past week, the stock has fallen by 8.75%, while the Sensex has remained relatively stable with a 0.04% increase. The longer-term performance is equally concerning, with Rajeswari Infrastructure down 10.98% in the last month and 12.40% over the past three months. Year-to-date, the stock has declined by 12.22%, significantly underperforming the Sensex, which is down only 2.48%.

The stock's performance is further highlighted by its erratic trading pattern, having not traded on one day out of the last 20. Additionally, Rajeswari Infrastructure is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. In contrast, the broader Construction - Real Estate sector has gained 2.99%, underscoring the challenges faced by Rajeswari Infrastructure in the current market environment.