Meghna Infracon Stock Reaches All-Time High, Signaling Strong Market Momentum

Meghna Infracon Infrastructure, a microcap player in the finance/NBFC sector, has made headlines today as its stock price reached an all-time high of Rs. 868.7. This milestone was achieved on March 20, 2025, marking a significant moment for the company. Despite this achievement, the stock underperformed its sector by 0.95% today, indicating a slight pullback after two consecutive days of gains.
The stock opened with a notable gain of 3.05%, reaching an intraday high of Rs. 868.7. However, it closed the day down by 0.36%, contrasting with the Sensex, which gained 0.67%. Over the past week, Meghna Infracon has shown a robust performance, up 5.00%, and has outperformed the Sensex over the past month and three months as well, with increases of 5.27% and 21.39%, respectively.

In terms of moving averages, Meghna Infracon is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend in its stock performance over various time frames. Over the past year, the stock has surged by an impressive 243.14%, significantly outpacing the Sensex's 5.35% increase.