Gayatri Highways Ltd Achieves 12-Day Winning Streak Amid Strong Market Demand

Gayatri Highways Ltd is currently witnessing significant buying activity, with the stock showing a notable performance against the broader market. Today, it has gained 1.63%, while the Sensex has declined by 0.10%. Over the past week, Gayatri Highways has surged by 11.61%, compared to a modest 0.81% increase in the Sensex. The stock's performance over the last month is particularly impressive, with a 56.25% rise, significantly outpacing the Sensex's 5.91% gain.
The stock has been on a strong upward trajectory, recording consecutive gains for the last 12 days, resulting in a total return of 52.44% during this period. This consistent performance is further underscored by its trading above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

In terms of price summary, Gayatri Highways opened with a gap up and has reached an intraday high, reflecting robust buyer interest. The stock's performance relative to the Sensex indicates a strong market position, particularly in the capital goods sector, which may be contributing to the heightened buying pressure.