H.G. Infra Engineering Stock Hits New 52-Week Low at Rs. 875

H.G. Infra Engineering has reached a significant milestone by touching its 52-week low of Rs. 875 today, marking a notable decline in its stock performance. This drop comes as the company has faced a challenging year, with its stock price down approximately 26.53% over the past year, contrasting sharply with the Sensex's gain of 8.75% during the same period.
Today's trading saw H.G. Infra Engineering underperforming its sector by 1.75%, with an intraday low of Rs. 875, reflecting a decrease of 3.5%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

The company has reported negative results for four consecutive quarters, with a 3% decline in net sales and a significant drop in profit before tax and profit after tax. Despite these challenges, H.G. Infra Engineering maintains a high return on capital employed (ROCE) of 22.12%, suggesting strong management efficiency. However, the stock's performance has raised concerns among investors, as it continues to lag behind broader market trends.