A B Infrabuild Reaches All-Time High, Signaling Strong Market Momentum in Construction Sector

A B Infrabuild, a microcap player in the construction industry, has made headlines today as its stock price reached an all-time high of Rs. 147.95. This milestone reflects a significant upward trend, with the stock outperforming its sector by 1.31%. Over the past two days, A B Infrabuild has shown a robust performance, gaining 5.04% in returns.
In terms of moving averages, A B Infrabuild is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The stock's performance over various time frames has been impressive, with a 1-day increase of 2.00%, compared to a marginal 0.01% rise in the Sensex. Over the past week, the stock has risen by 2.60%, while the Sensex saw a 2.13% increase.

In the last month, A B Infrabuild has surged by 56.18%, significantly outpacing the Sensex's 3.78% growth. Over the last three months, the stock has delivered an impressive 80.49% return, compared to the Sensex's 11.26%. Year-to-date, A B Infrabuild has achieved a remarkable 51.02% increase, while the Sensex has risen by 5.53%.