Hazoor Multi Projects Faces Continued Decline Amid Broader Market Weakness

Hazoor Multi Projects, a small-cap player in the construction and real estate sector, has experienced a significant decline of 7.15% on February 11, 2025. This drop marks a continuation of a downward trend, with the stock having lost 6.48% over the past two days. On this trading day, Hazoor Multi Projects underperformed its sector, which saw an overall decline of 3.8%, and also lagged behind the Sensex, which fell by 1.33%.
The stock reached an intraday low of Rs 48, reflecting a decrease of 5.77% at its lowest point. In terms of moving averages, the stock is currently positioned higher than its 200-day moving average but remains below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating mixed performance in the short to medium term. Over the past month, Hazoor Multi Projects has recorded a decline of 9.04%, again underperforming compared to the Sensex's drop of 1.41%. These metrics highlight the challenges faced by the company in the current market environment.