Kridhan Infra Ltd Shows Strong Performance Amid Increased Investor Participation

Kridhan Infra Ltd, a microcap player in the construction industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 4.94. The stock experienced a notable change of Rs 0.23, translating to a percentage increase of 4.88%. This performance outpaced the sector, which recorded a mere 0.39% increase, and the broader Sensex, which rose by 0.06%.
Throughout the trading session, Kridhan Infra's stock fluctuated between a low of Rs 4.85 and the aforementioned high, with a total traded volume of approximately 0.69079 lakh shares, resulting in a turnover of Rs 0.0337 crore. The stock has been on a positive trajectory, gaining for the last two days and accumulating a total return of 10.02% during this period.

Additionally, Kridhan Infra is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. The delivery volume has also seen a rise, with a 36.56% increase compared to the 5-day average, suggesting heightened investor participation. Overall, Kridhan Infra's performance today reflects a robust position within its sector.