Kridhan Infra Ltd Surges 4.86% Amid Strong Buying Activity and Market Outperformance

Kridhan Infra Ltd, a microcap player in the construction industry, is witnessing significant buying activity, with the stock rising by 4.86% today, notably outperforming the Sensex, which gained only 0.10%. Over the past week, Kridhan Infra has recorded a 6.21% increase, compared to the Sensex's 1.82% rise, and its performance over the last month shows a remarkable 38.55% gain against the Sensex's 3.80%.
The stock has been on a positive trajectory, marking consecutive gains over the last two days, accumulating a total return of 9.01%. This upward trend is supported by the stock trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

Today's trading session opened with a gap up, and the intraday high reflects the robust buying sentiment. Factors contributing to this buying pressure may include positive market sentiment in the construction sector and potential developments within the company. Overall, Kridhan Infra's performance stands out significantly against the broader market indices, showcasing its resilience and growth potential in a competitive landscape.