Adhbhut Infrastructure Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Adhbhut Infrastructure, a microcap engineering company, has recently hit a 52-week low on April 12, 2024. This has led to a 'Strong Sell' call by MarketsMOJO. The stock price has fallen to Rs. 25.71, underperforming the sector by -2.31% on the same day.

The company has been experiencing a consecutive fall for the past 10 days, resulting in a -18.09% return during this period. Adhbhut Infrastructure is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In comparison to the Sensex performance of 23.78%, Adhbhut Infrastructure has shown a negative 1-year performance of -89.44%. This suggests that the company has not been able to keep up with the overall market trend.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Adhbhut Infrastructure. As a microcap company in the engineering industry, Adhbhut Infrastructure's stock performance may be affected by various factors and investors are advised to do their own research before making any investment decisions.