Nidhi Granites Hits All-Time High Stock Price, Outperforms Sector by 3.34%

Nidhi Granites, a microcap company in the mining and minerals industry, has recently reached an all-time high stock price on November 23, 2024. The stock has been performing well in the market, with a 'Hold' recommendation from MarketsMOJO.

On the day of the price surge, Nidhi Granites hit a new 52-week high of Rs.199 and outperformed the sector by 3.34%. The stock has been on a consecutive gain streak for the past 5 days, with a 19.7% increase in returns during this period. It also opened with a gap up of 4.99% and reached an intraday high of Rs.199.

Nidhi Granites has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company's performance has been impressive, with a 298.00% increase compared to the Sensex's 19.83% performance.

Despite being a microcap company, Nidhi Granites has shown strong growth and potential in the mining and minerals industry. With its recent surge in stock price and positive market performance, it is definitely a company to keep an eye on. However, it is important to note that this article is based on factual information and does not include any external data or sources.