Persistent Downtrend and Underperformance
RKEC Projects has been on a downward trajectory for some time, with its stock price hitting a new 52-week low of ₹51.55 on the day. Over the past week, the stock has fallen sharply by 16.96%, starkly contrasting with the Sensex’s modest gain of 0.61%. The one-month and year-to-date returns further underline this weakness, with losses of 23.13% and 43.25% respectively, while the Sensex has posted positive returns of 0.77% and 10.25% over the same periods. The stock’s one-year performance is particularly concerning, having declined by 49.43%, whereas the Sensex gained 11.64%. Even over a three-year horizon, RKEC’s 19.47% return pales in comparison to the Sensex’s 43.55% growth, highlighting its sustained underperformance.










