Nidhi Granites Achieves All-Time High, Signaling Strong Market Confidence and Growth Potential

Nidhi Granites has made headlines today as its stock price reached an all-time high of Rs. 259, marking a significant milestone for the microcap company in the miscellaneous industry. The stock has shown impressive performance, outperforming its sector by 1.38% today alone. Over the past four days, Nidhi Granites has consistently gained, accumulating a total return of 7.67%. In terms of performance metrics, Nidhi Granites has demonstrated strong resilience. The stock's one-day performance stands at 1.97%, significantly higher than the Sensex's 0.26%. Over the past week, it has risen by 6.58%, while the Sensex has seen a slight decline of 0.12%. The one-month performance is particularly noteworthy, with Nidhi Granites up 44.69%, contrasting with the Sensex's drop of 2.49%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Over the longer term, Nidhi Granites has delivered remarkable returns, with a staggering 734.14% increase over the past three years and an extraordinary 2834.84% rise over the last decade.