Incon Engineers Ltd

Incon Engineers, a microcap in the Engineering - Industrial Equipment sector, has hit a new 52-week low, reflecting a significant decline over the past three days. The stock has underperformed its sector and is trading below all major moving averages, indicating ongoing challenges amid a generally resilient sector.

Incon Engineers has announced its financial results for the quarter ending December 2024, showing significant improvements in operating profit, profit before tax, and profit after tax, all reaching their highest levels in five quarters. However, the company faces challenges with a notably low debtors turnover ratio.

Incon Engineers, a microcap firm in the engineering sector, has reached a new 52-week low, reflecting ongoing challenges. The stock has declined 26.60% over the past year, underperforming against the Sensex. It is also trading below its moving averages, indicating a sustained downward trend in a competitive market.