Purohit Construction Adjusts Evaluation Score Amid Mixed Technical Indicators and Declining Stock Performance

Purohit Construction, a small-cap player in the realty sector, has recently undergone an adjustment in its evaluation score. This revision reflects a shift in the technical trend, moving from a classification that does not qualify to a mildly bullish stance.
In terms of technical indicators, the MACD shows a mildly bearish signal on a weekly basis while indicating bullishness on a monthly scale. The Relative Strength Index (RSI) presents a bearish outlook weekly, with no significant signal monthly. Bollinger Bands also indicate a bearish trend weekly, contrasted by a mildly bullish signal monthly. Daily moving averages suggest a mildly bullish trend, while the KST presents a mixed picture with weekly bearishness and monthly bullishness.

Purohit Construction's current price stands at 13.90, with a previous close of 17.06. The stock has experienced a notable decline over the past month, with a return of -22.56%, while the Sensex returned -2.01% in the same period. The company has faced challenges, including operating losses and a weak ability to service its debt, reflected in a poor EBIT to Interest ratio of -0.44.

For more insights, Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.