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

Kridhan Infra, a microcap company in the real estate industry, has recently seen a surge in its stock price. On January 12, 2024, the company's stock reached a 52-week high of Rs. 5.27. This has caught the attention of investors and analysts, with MarketsMOJO giving a 'Sell' call for the stock.

The stock has been on a winning streak for the past 13 days, outperforming the sector by 4.66%. In this period, it has gained an impressive 75.08% returns. Kridhan Infra's stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex, Kridhan Infra has shown a remarkable 1-year performance of 49.72%, while the Sensex has only grown by 20.10%. This showcases the company's strong growth potential and its ability to outperform the market.

Kridhan Infra's success can be attributed to its strategic business decisions and efficient management. The company has been consistently delivering positive results, making it a promising investment opportunity in the real estate sector. However, it is always advisable to do thorough research and consult with a financial advisor before making any investment decisions.