Sanmit Infra's Stock Hits 52-Week Low

Sanmit Infra, a microcap company in the construction and real estate industry, has recently hit a 52-week low on December 28, 2023. According to MarketsMOJO, a leading financial analysis platform, the stock has been given a 'Sell' call.

The company's stock has been a part of the Hidden Turnaround list on MarketsMOJO since June 1, 2023. Today, the stock hit a new low of Rs. 44.9 and underperformed the sector by -0.8%. It has also been on a downward trend for the past three days, with a decline of -22.61% in returns during this period.

Sanmit Infra's performance has been consistently lower than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's price.

In comparison to the Sensex, Sanmit Infra's performance over the past year has been -36.37%, while the Sensex has shown a growth of 18.76%. This further highlights the underperformance of the company's stock.

While there has been no mention of investor interest or expert opinions, the facts show that Sanmit Infra's stock is currently facing a downward trend. Investors should carefully consider these factors before making any decisions regarding this microcap company.