Garnet Construction Hits New 52-Week High of Rs. 76 Amid Strong Performance

Garnet Construction has reached a significant milestone by hitting a new 52-week high of Rs. 76 on October 17, 2025. This achievement marks a notable performance for the microcap company within the realty sector, especially considering its impressive 68.68% growth over the past year, significantly outpacing the Sensex, which has only seen a 3.20% increase during the same period.
Despite today's performance indicating a slight underperformance against its sector by 1.97%, Garnet Construction opened with a gain of 2.8% and achieved an intraday high of Rs. 76. The stock has shown high volatility, with an intraday fluctuation of 5.51%. 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 company has reported substantial growth in its financial metrics, including a remarkable 1178.24% increase in operating profit and a 74.69% rise in net sales over the past nine months. With a return on equity of 17.9%, Garnet Construction continues to demonstrate a solid market position, making this new high a noteworthy event in its ongoing performance trajectory.