Adhbhut Infrastructure Ltd Hits 52-Week Low, Underperforms Sector by -5.67%

Adhbhut Infrastructure Ltd, a microcap engineering company, has recently hit a 52-week low on September 27, 2024. This has been reflected in the stock's performance today, as it underperformed the sector by -5.67%. The stock has been on a downward trend for the last four days, with a decrease of -8.73% in returns during this period.

Today, the stock opened with a gain of 2.6%, but later touched an intraday low of Rs 21.23 (-4.8%). The stock's intraday high was Rs 22.88 (2.6%). Adhbhut Infrastructure Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex's performance of 29.87%, Adhbhut Infrastructure Ltd has shown a negative 1-year performance of -93.42%. This indicates a significant decline in the company's stock value over the past year.

MarketsMOJO has given a 'Strong Sell' call for Adhbhut Infrastructure Ltd, cautioning investors against investing in the stock. As a microcap company in the engineering industry, Adhbhut Infrastructure Ltd may face challenges in the current market conditions. Investors are advised to carefully consider all factors before making any investment decisions.