S V Global Mill Ltd Faces Intense Selling Pressure Amid Recent Price Declines

S V Global Mill Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced consecutive losses over the past two days, resulting in a total decline of 5.03%. Today, S V Global Mill Ltd reported a performance drop of 2.28%, contrasting sharply with the Sensex, which gained 0.37%.
Despite a strong performance over the past month, where the stock surged by 57.26% compared to the Sensex's 3.88%, the recent trend indicates a shift in market sentiment. The stock has traded within a narrow range of Rs 1.05, reaching an intraday low of Rs 169.05.

Over the longer term, S V Global Mill Ltd has shown impressive growth, with a 171.35% increase over the past three years and a staggering 302.50% rise over five years. However, the current selling pressure may be attributed to various factors, including profit-taking after substantial gains and market volatility. The stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a complex market position amidst the recent downturn.