Kridhan Infra's Stock Price Surges, Outperforms Sector and Sensex in Past Year

Kridhan Infra, a microcap company in the real estate industry, has recently seen a surge in its stock price. On February 28, 2024, the company's stock reached a 52-week high of Rs.7.68. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Sell' call for the stock.

In today's trading session, Kridhan Infra has outperformed the sector by 4.63%. The stock has been on a winning streak for the past 11 days, with a remarkable 59.34% increase in its value during this period. This is a positive sign for the company and its shareholders.

Moreover, Kridhan Infra is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong bullish trend for the stock and suggests that it may continue to perform well in the near future.

In terms of its one-year performance, Kridhan Infra has outshined the Sensex with a staggering 206.40% return, while the Sensex has only seen a 24.04% increase. This showcases the company's strong growth potential and its ability to deliver returns to its investors.

Overall, Kridhan Infra's recent surge in stock price and its consistent performance in the past year make it a company to watch out for in the real estate industry. However, it is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.