Glittek Granites Ltd Surges 106.97% Over Three Months Amid Strong Buying Activity

Glittek Granites Ltd is currently witnessing significant buying activity, with the stock rising 5.13% today, outperforming the Sensex, which gained only 0.59%. Over the past week, Glittek has shown a robust performance with a 13.14% increase compared to the Sensex's 1.90%. The stock has demonstrated impressive growth over the past month, climbing 30.55%, while the Sensex rose by 5.35%.
In the last three months, Glittek Granites has surged by 106.97%, significantly outpacing the Sensex's 4.14% increase. Year-to-date, the stock has gained 45.95%, compared to the Sensex's 3.30%. Notably, Glittek has been on a consecutive gain streak for the last two days, accumulating a total return of 4.36% during this period.

The stock is currently trading close to its 52-week high, just 4.35% away from reaching Rs 6. Additionally, Glittek Granites is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The buying pressure may be attributed to positive market sentiment and strong performance metrics relative to the broader market.