Meghna Infracon Infrastructure's Stock Hits All-Time High, Outperforms Sector by 1.9%.

Meghna Infracon Infrastructure, a microcap company in the finance/NBFC industry, has recently seen a surge in its stock price, reaching an all-time high on November 29, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, a leading financial analysis platform.

On November 29, the stock hit a new 52-week high of Rs. 663.2, outperforming the sector by 1.9%. It also opened with a gain of 2.23% and touched an intraday high of Rs. 663.2, showing a narrow range of Rs. 0.7. This indicates a strong performance by the company in the market.

Meghna Infracon Infrastructure is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. This shows that the stock has been consistently performing well in the market.

In the past year, Meghna Infracon Infrastructure has shown an impressive growth of 188.01%, while the Sensex has only grown by 18.62%. This further highlights the company's strong performance and potential for growth in the future.

Investors should keep an eye on Meghna Infracon Infrastructure as it continues to make strides in the finance/NBFC industry. With its recent surge in stock price and positive performance, the company is definitely one to watch out for.