Rudra Global Infra Products Hits New 52-Week Low at Rs. 24.03

Rudra Global Infra Products has reached a significant milestone today, hitting a new 52-week low of Rs. 24.03. This decline reflects a broader trend in the company's performance, as it has underperformed its sector by 2.46% today. 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 trajectory.
Over the past year, Rudra Global has experienced a notable decline of 41.10%, contrasting sharply with the Sensex, which has gained 9.08% during the same period. The company's financial metrics reveal challenges, including a low Return on Capital Employed (ROCE) of 9.98% and a high Debt to EBITDA ratio of 3.88 times, suggesting difficulties in managing debt and profitability.

Despite these challenges, the company has reported an annual growth rate of 41.86% in operating profit, indicating some potential for recovery. However, the recent performance and the new low price underscore the ongoing struggles faced by Rudra Global Infra Products in the competitive iron and steel products industry.