H.G. Infra Engineering Shares Hit New Low Amid Broader Market Weakness

H.G. Infra Engineering has experienced a significant decline today, with shares dropping by 5.88% as of April 7, 2025. The stock reached a new 52-week low of Rs. 921.05, marking a notable intraday low that reflects a loss of 12.71% at one point during trading. This downturn follows a two-day consecutive fall, resulting in a total decline of 10.17% over this brief period.
In terms of performance metrics, H.G. Infra Engineering is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has declined by 8.92%, while its year-to-date performance shows a substantial drop of 34.78%. Comparatively, the broader engineering sector has also faced challenges, falling by 4.84%.

In the wider market context, the Sensex has shown some recovery after a significant gap down opening, currently trading at 73,064.01, down 3.05%. However, it remains close to its 52-week low, reflecting a generally bearish sentiment in the market.