New Delhi, Oct. 13 -- Shares of an Indian aerospace and defence engineering company have delivered stellar returns to investors in the past. However, the stock appears to have hit a roadblock, with profit booking potentially weighing on sentiment as it has hit lower circuits for four consecutive sessions.

We are talking about Sigma Advanced Systems, a company with an international presence that designs, develops and manufactures mission-critical systems across aerospace, avionics, naval systems, radars and communication systems.

On Tuesday, 13 October, the stock dropped 5% to hit the lower circuit of Rs.914.85. Notably, it hit lower circuits last Thursday, Friday, and Monday as well. At the current juncture, the defence stock looks set ...