Rajoo Engineers Hits New 52-Week Low at Rs. 82.7

Rajoo Engineers, a small-cap player in the industrial manufacturing sector, has reached a new 52-week low of Rs. 82.7 today, marking a significant downturn in its stock performance. This decline comes as the stock has underperformed its sector by 1.21% and has experienced a consecutive fall over the past seven days, resulting in a total drop of 13.38% during this period.
The stock's performance over the past year has been notably challenging, with a staggering decline of 79.80%, contrasting sharply with the Sensex's decrease of only 4.65%. Rajoo Engineers is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.

Despite these challenges, the company has reported impressive growth metrics, including a 168.91% increase in net profit and a 106.20% annual growth rate in operating profit. The company has also maintained a low debt-to-equity ratio, reflecting a stable financial position. However, the stock's valuation remains high relative to its peers, contributing to its current market struggles.