Hazoor Multi Projects Hits New 52-Week Low at Rs. 28.17

Hazoor Multi Projects has reached a significant milestone today, hitting a 52-week low of Rs. 28.17. This decline comes amid a broader market context where the Sensex opened higher at 84,700.50, gaining 137.72 points (0.16%). Despite this positive market movement, Hazoor Multi Projects underperformed its sector by 2.46%, reflecting ongoing challenges within the company.
The stock has consistently traded below its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend. Over the past year, Hazoor Multi Projects has experienced a significant decline of 38.31%, contrasting sharply with the Sensex's positive performance of 9.17%.

Financial metrics reveal that the company has faced difficulties, with operating profit declining at an annual rate of 22.46% over the last five years. Additionally, the company has reported negative results for the last seven consecutive quarters, with a recent PAT of Rs. 30.57 crore reflecting a decrease of 51.78%. Despite these challenges, Hazoor Multi Projects maintains a low Debt to EBITDA ratio of 0.63 times, indicating a strong ability to service its debt.