Rajoo Engineers Faces Intense Selling Pressure Amid Significant Price Declines

Rajoo Engineers Ltd is currently facing significant selling pressure, with today's trading session showing only sellers in the market. The stock has experienced consecutive losses, falling 4.43% today alone, and has declined by 9.15% over the last two days. This trend is starkly contrasted with the Sensex, which has gained 1.17% today and 1.26% over the past week.
In terms of longer-term performance, Rajoo Engineers has seen a troubling decline of 26.36% over the past month and a staggering 63.27% over the last three months, while the Sensex has only dipped by 6.41% during the same period. Year-to-date, the stock is down 56.46%, significantly underperforming the Sensex, which has decreased by just 3.97%.

The stock's price summary indicates it has underperformed its sector by 6.17% today, with an intraday low of Rs 102.1, reflecting a drop of 4.8%. Additionally, Rajoo Engineers is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the ongoing selling pressure and the challenges the company faces in the current market environment.