Nidhi Granites Hits New 52-Week High of Rs. 355, Showcases Strong Growth

Nidhi Granites has reached a significant milestone by hitting a new 52-week high of Rs. 355 on September 26, 2025. This achievement underscores the company's strong performance, particularly as it has outperformed its sector by 0.63% today. Over the past four days, the stock has shown a consistent upward trend, gaining 3.8% during this period.
In terms of moving averages, Nidhi Granites is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust market position. The company has demonstrated impressive growth metrics, with net sales increasing at an annual rate of 174.53% and operating profit rising by 43.07%. Notably, the stock has delivered a remarkable 121.88% return over the past year, contrasting sharply with the Sensex's decline of 6.09%.

Despite the positive performance, investors should be aware of certain risks, including a high price-to-book value and a significant proportion of pledged promoter shares, which could exert downward pressure in volatile market conditions.