Kridhan Infra Ltd Shows Resilience Amidst Broader Market Decline in Construction Sector

Apr 03 2025 10:00 AM IST
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Kridhan Infra Ltd, a microcap in the construction and real estate sector, reached its upper circuit limit today, reflecting strong market interest. The stock has gained for three consecutive days, accumulating a total return of 12.62%. However, investor participation has declined, with lower delivery volumes compared to recent averages.
Kridhan Infra Ltd, a microcap player in the construction and real estate sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 3.44, reflecting a change of Rs 0.16, or a 4.88% increase. This performance marks a notable outperformance against its sector, which saw a decline of 0.37% today.

The stock has been on a positive trajectory, gaining for the last three consecutive days and accumulating a total return of 12.62% during this period. Today's trading volume reached approximately 0.33345 lakh shares, with a turnover of Rs 0.01137 crore. The stock's last traded price aligns with its high price, indicating strong market interest.

In terms of moving averages, Kridhan Infra's current price is above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day averages. However, it is worth noting that investor participation has seen a decline, with delivery volume dropping significantly compared to the 5-day average.

Overall, Kridhan Infra Ltd's performance today highlights its resilience in a challenging market environment, showcasing its potential within the construction and real estate industry.
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