Kridhan Infra's Stock Surges to 52-Week High, Outperforming Sector and Sensex

Kridhan Infra, a microcap company in the real estate industry, has recently seen a surge in its stock price. On January 9th, 2024, the company's stock reached a 52-week high of Rs. 4.57. This increase in price has caught the attention of investors and analysts alike.

According to MarketsMOJO, a leading financial analysis platform, the stock call for Kridhan Infra is currently 'Sell'. However, the company's recent performance has been impressive, with the stock outperforming the sector by 3.43% and gaining for the last 10 consecutive days. In fact, in this period, the stock has risen by 51.83%.

Kridhan Infra's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In comparison to the Sensex, Kridhan Infra has shown a 1-year performance of 28.73%, while the Sensex has only seen an 18.44% increase.

While the reasons behind this surge in stock price are not mentioned, it is clear that Kridhan Infra has been performing well in the market. As a microcap company in the real estate industry, it is important to keep an eye on its future performance and growth potential.