Meghna Infracon Reaches All-Time High Amid Strong Market Momentum

May 15 2025 01:06 PM IST
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Meghna Infracon Infrastructure, a small-cap player in the finance and NBFC sector, has reached an intraday high, nearing its 52-week peak. The stock has shown impressive gains over various time frames, significantly outperforming the broader market and indicating a strong upward trend in its trading activity.
Meghna Infracon Infrastructure, a small-cap player in the finance and non-banking financial company (NBFC) sector, has shown remarkable performance today, reaching an intraday high of Rs 994.95, reflecting a 2.68% increase. The stock is currently just 0.81% shy of its 52-week high of Rs 1000, indicating strong momentum in its trading activity.

Over the past two days, Meghna Infracon has gained 4.83%, outperforming its sector by 2.27%. In terms of broader market performance, the stock has demonstrated impressive returns across various time frames. It has surged 21.21% over the past month, 33.91% over three months, and an astounding 234.17% over the past year, significantly outpacing the Sensex, which has recorded a mere 11.62% increase in the same period.

Additionally, Meghna Infracon is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The stock's year-to-date performance stands at 38.89%, further highlighting its robust position in the market.
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