H.G. Infra Engineering Stock Declines -5.77% in Line with Engineering Sector Underperformance

H.G. Infra Engineering, a midcap engineering company, saw a decline of -5.77% in its stock price on November 12, 2024. This drop was in line with the overall underperformance of the engineering sector, with H.G. Infra Engineering falling -7.78% below the sector average.

The stock opened at Rs 1285 and touched an intraday low of Rs 1208.95, a decrease of -6.06%. This downward trend was also reflected in the stock's moving averages, with H.G. Infra Engineering trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

MarketsMOJO, a leading financial analysis platform, has given a 'Hold' call for H.G. Infra Engineering's stock. This neutral recommendation is based on the company's recent performance and market trends, without any mention of future potential or investor interest.

In comparison to the overall market performance, H.G. Infra Engineering's stock has underperformed with a -5.97% decline in the past day and a -18.23% decline in the past month. This is in contrast to the Sensex's performance of 0.11% and -2.21% in the same time periods.

Overall, H.G. Infra Engineering's stock has seen a decline in its price, in line with the underperformance of the engineering sector. With a 'Hold' call from MarketsMOJO, investors may want to closely monitor the company's performance and market trends before making any investment decisions.