Meghna Infracon Achieves 52-Week High, Signaling Strong Market Position in Finance Sector

Apr 30 2025 09:36 AM IST
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Meghna Infracon Infrastructure's stock has reached a new 52-week high of Rs. 924.7, reflecting a strong performance with a 5.81% increase over three days. The company has outperformed its sector and delivered a remarkable 224.67% return over the past year, highlighting its robust position in the finance/NBFC sector.
Meghna Infracon Infrastructure has made headlines today as its stock price reached a new 52-week high of Rs. 924.7, marking a significant milestone for the microcap company in the finance/NBFC sector. This achievement comes after a strong performance over the past three days, during which the stock has gained 5.81%, outperforming its sector by 2.33%.

Currently, Meghna Infracon is trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust upward trend. Over the past year, the company has delivered an impressive return of 224.67%, significantly outpacing the Sensex, which has seen a modest gain of 7.82% during the same period.

In the broader market, the Sensex opened higher today at 80,370.80, reflecting a gain of 82.42 points, and is currently trading at 80,314.51. The mid-cap segment is leading the market, with the BSE Mid Cap index gaining 0.23%. Meghna Infracon's recent performance underscores its strong position within the financial landscape.
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