G R Infraprojects Opens Strong with 4.22% Gain, Outperforming Sector Trends

G R Infraprojects, a midcap player in the capital goods sector, has shown significant activity today, opening with a gain of 4.22%. The stock has outperformed its sector by 9.56%, reflecting a strong performance amid broader market trends. Over the past two days, G R Infraprojects has recorded a cumulative return of 12.73%, indicating a positive momentum.
Today, the stock reached an intraday high of Rs 1,041.15, marking a 10.72% increase. In terms of moving averages, the stock is currently above its 5-day and 20-day averages but remains below the 50-day, 100-day, and 200-day averages, suggesting mixed signals in its short- to medium-term performance.

On a broader scale, G R Infraprojects has experienced a 1-day performance of 10.58%, significantly outperforming the Sensex, which saw a mere 0.15% increase. However, over the past month, the stock has declined by 2.12%, while the Sensex has decreased by 0.69%.

With a beta of 1.20, G R Infraprojects is classified as a high beta stock, indicating that it tends to exhibit greater volatility compared to the market.