Kridhan Infra Ltd Surges 3.96% Amid Strong Buying Activity and Market Resilience

Kridhan Infra Ltd, a microcap player in the construction industry, is witnessing significant buying activity today, with a notable increase of 3.96%. This performance stands in stark contrast to the Sensex, which has seen a slight decline of 0.04%. Over the past week, Kridhan Infra has gained 5.82%, while the Sensex has risen by 2.08%. The stock's one-month performance is particularly impressive, showing a 32.12% increase compared to the Sensex's 3.73%.
Today marks a trend reversal for Kridhan Infra, as it has gained after two consecutive days of decline. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. The open price showed a gap up, and the intraday high reflects the robust buying sentiment.

Factors contributing to this buying pressure may include positive market sentiment within the construction sector and potential developments specific to Kridhan Infra. Overall, the stock's performance over various time frames highlights its resilience relative to the broader market, particularly in the face of recent volatility.