H.G. Infra Engineering's Stock Falls -5.15% in Line with Sector Performance on November 4th

Nov 04 2024 01:20 PM IST
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On November 4th, 2024, H.G. Infra Engineering's stock price fell by -5.15%, in line with the sector's -3.35% decline. The stock had also dropped after two days of gains, suggesting a possible trend reversal. Despite this, the stock's moving averages show a mixed trend and MarketsMojo has given a 'Hold' call.

H.G. Infra Engineering, a midcap engineering company, saw a decline of -5.15% in its stock price on November 4th, 2024. This underperformance was in line with the overall sector, as the stock fell -3.35% below the sector's performance. The stock had also fallen after two consecutive days of gains, indicating a possible trend reversal.

On the same day, H.G. Infra Engineering's stock touched an intraday low of Rs 1324, a decrease of -5.22%. However, the stock's moving averages show a mixed trend, with it being higher than the 5-day and 200-day moving averages, but lower than the 20-day, 50-day, and 100-day moving averages.

In comparison to the Sensex, H.G. Infra Engineering's stock performance was -5.15% on the day, while the Sensex's performance was -1.61%. Over the past month, the stock has seen a decline of -10.86%, while the Sensex has seen a decline of -3.98%.

MarketsMOJO has given a 'Hold' call for H.G. Infra Engineering's stock, indicating a neutral stance. As a midcap engineering company, H.G. Infra Engineering's stock performance is closely watched by investors and analysts. However, it is important to note that this article is based on factual information and does not include any external data or sources.
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