Arihant Foundations Hits All-Time High Amid Strong Buying Activity and Sector Gains
Notably, Arihant Foundations has achieved consecutive gains for the last seven days, accumulating a total return of 30.9% during this period. The stock opened today with a gap up of 2% at Rs. 1018.9, reaching an intraday high of the same price, which also marks a new 52-week and all-time high.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The construction and real estate sector has also shown positive momentum, gaining 2.2%, which may contribute to the heightened buying pressure in Arihant Foundations & Housing.
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