Garuda Construction Reaches All-Time High Amid Strong Market Performance and Growth Metrics

Garuda Construction and Engineering has made headlines today with significant stock activity, reflecting its strong market position in the construction sector. The stock reached an intraday high of Rs 209.65, marking a 5.62% increase, and has shown resilience by reversing a two-day decline. Notably, Garuda's performance today outpaced the sector by 5.07%, showcasing its robust momentum.
The company is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past month, Garuda has achieved a remarkable 15.28% increase, while its year-to-date performance stands at an impressive 61.62%.

Financially, Garuda has demonstrated high management efficiency with a return on equity (ROE) of 22.81% and a low debt-to-equity ratio, reflecting a solid balance sheet. The company reported a net profit growth of 55.27% in its latest quarter, with net sales soaring by 121.8% compared to the previous four-quarter average. This consistent performance over the last three quarters highlights Garuda's strong operational capabilities and market presence.