DMR Hydroengineering Surges 154.25% in a Month Amid Strong Buying Activity

DMR Hydroengineering & Infrastructures Ltd is currently witnessing significant buying activity, with the stock showing a remarkable performance compared to the broader market. Today, the stock has gained 4.99%, outperforming the Sensex, which has only increased by 0.38%. Over the past week, DMR Hydroengineering has risen by 12.28%, while the Sensex has seen a modest gain of 1.79%.
In the last month, the stock has surged by an impressive 154.25%, significantly outpacing the Sensex's 2.13% increase. The stock has also demonstrated strong performance over longer periods, with a staggering 191.99% rise over three months and 108.57% over the past year, compared to the Sensex's minimal gains.

Today, DMR Hydroengineering opened with a gap up of 4.93% and reached an intraday high of Rs 54.68. The stock has been on a consecutive gain streak for the last two days, accumulating a total return of 10.24%. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The narrow trading range of Rs 0.03 suggests stable buying pressure.