Arihant Superstructures Hits All-Time High Amid Strong Yearly Performance
Arihant Superstructures has recently seen a revision in its score, reflecting its strong performance in the construction and real estate sector. The stock, which is trading near its 52-week high, has been added to MarketsMojo's list, highlighting its impressive gains over the past year and solid market position.
Arihant Superstructures, a small-cap player in the construction and real estate sector, has recently achieved an all-time high price, reflecting its strong market position. As of December 30, 2024, the stock is just 2.51% shy of its 52-week high of Rs 476.25. In today's trading session, the stock opened lower, down by 2.11%, but managed to outperform its sector by 2.09%. The intraday performance saw the stock reach a high of Rs 470, marking a 3.39% increase, while it dipped to a low of Rs 445.
Arihant Superstructures has demonstrated robust performance over the past year, with a remarkable increase of 79.83%, significantly outpacing the Sensex, which recorded a gain of 8.73%. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price momentum.
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