Kridhan Infra's Stock Price Surges, Outperforming Sector and Sensex in Last 12 Days

Jan 11 2024 09:36 AM IST
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Kridhan Infra, a microcap real estate company, has seen a surge in its stock price, reaching a 52-week high of Rs. 5.02 on January 11, 2024. The stock has outperformed the sector by 3.95% and has been on a 12-day consecutive rise, with a 66.11% increase. It has also shown a strong performance compared to the Sensex, with a 41.81% increase in the past year. This may be due to its positive outlook in the real estate industry, but it is important for investors to conduct their own research before making any decisions.

Kridhan Infra, a microcap company in the real estate industry, has recently seen a surge in its stock price. On January 11, 2024, the company's stock reached a 52-week high of Rs. 5.02. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been performing well, outperforming the sector by 3.95% and gaining for the last 12 consecutive days. In this period, the stock has risen by 66.11%. Kridhan Infra is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In comparison to the Sensex, Kridhan Infra has shown a strong performance over the past year, with a 41.81% increase in its stock price. This is significantly higher than the Sensex's performance of 19.63% in the same period.

Kridhan Infra's recent surge in stock price may be attributed to its strong performance and positive outlook in the real estate industry. However, it is important to note that this is not a recommendation to buy or sell the stock, as it is based on fact-based analysis and not influenced by investor interest or expert opinions. As a microcap company, Kridhan Infra may have potential for growth, but it is important for investors to conduct their own research and make informed decisions.
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