Adhbhut Infrastructure Hits 52-Week Low Amidst Significant Sector Underperformance
Adhbhut Infrastructure, a microcap engineering firm, has hit a new 52-week low, reflecting a significant downturn. Over the past year, the company's stock has decreased notably, contrasting with the benchmark Sensex's gains, and is currently trading below its moving averages across various time frames.
Adhbhut Infrastructure, a microcap player in the engineering sector, has reached a new 52-week low, with its stock price falling to Rs. 19.6 on January 23, 2025. This decline highlights a significant downturn for the company, which has underperformed its sector by 3.32% on the same day.Over the past year, Adhbhut Infrastructure has experienced a notable decrease of 29.75%, contrasting sharply with the benchmark Sensex, which has gained 8.81% during the same timeframe. The stock is currently trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend underscores the ongoing challenges the company faces in a difficult market environment.
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