Kridhan Infra Ltd Sees Surge in Trading Activity Amid Strong Market Interest
Kridhan Infra Ltd, a microcap construction firm, reached its upper circuit limit today, reflecting strong market interest. The stock has shown notable gains over the past two days and is trading above several moving averages, with a significant increase in delivery volume indicating heightened investor participation.
Kridhan Infra Ltd, a microcap player in the construction industry, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 4.46. The stock experienced a positive change of Rs 0.1, translating to a 2.35% increase in its price. The last traded price stood at Rs 4.35, reflecting strong market interest.Today's trading session saw a total volume of approximately 0.59483 lakh shares, resulting in a turnover of Rs 0.0263 crore. Notably, Kridhan Infra has outperformed its sector by 2.53%, marking a consecutive gain over the last two days with an impressive 7.35% return during this period.
The stock's performance metrics indicate that it is trading above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Additionally, the delivery volume has surged significantly, increasing by 634.51% compared to the 5-day average, suggesting rising investor participation.
In summary, Kridhan Infra Ltd's performance today highlights its strong market position and positive momentum within the construction sector, reflecting a robust trading environment.
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