Likhitha Infrastructure Outperforms Sector Amidst Broader Market Declines

Likhitha Infrastructure, a small-cap player in the capital goods sector, has seen significant activity today, with a notable increase of 7.86% on January 16, 2025. This performance has allowed the stock to outperform its sector by 5.88% on the same day. Over the past three days, Likhitha Infrastructure has achieved a cumulative gain of 9.83%.
The stock reached an intraday high of Rs 351.5, marking an increase of 8.39%. In terms of moving averages, it is currently positioned above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages.

When compared to broader market trends, Likhitha Infrastructure's one-day performance of 6.78% significantly surpassed the Sensex, which only saw a modest increase of 0.38%. However, it is worth noting that the stock has experienced a decline of 10.42% over the past month, while the Sensex has decreased by 5.79%.