Welterman International Faces Intense Selling Pressure Amid Significant Stock Losses

Welterman International Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 4.98% in just one day, starkly contrasting with the Sensex's modest drop of 0.29%. Over the past week, Welterman International has seen a substantial loss of 14.18%, while the Sensex has gained 3.10%.
In the last month, the stock has plummeted by 30.03%, compared to a 4.27% increase in the Sensex. This trend continues over longer periods, with a 35.12% decline over three months, while the Sensex has only dipped by 0.87%. Despite a positive performance over the past year, with a gain of 16.36%, the recent downturn raises concerns.

The stock's erratic trading pattern, having not traded on one day out of the last 20, and its current position below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day) may be contributing factors to the ongoing selling pressure. Overall, Welterman International's performance is markedly underwhelming compared to the broader market, indicating a challenging environment for the microcap leather industry player.