Nidhi Granites Ltd Achieves New 52-Week High Amid Strong Buying Activity

Nidhi Granites Ltd is currently witnessing significant buying activity, marking a notable performance in the market. The stock has recorded a 2.00% increase today, contrasting sharply with the Sensex, which has declined by 0.66%. Over the past week, Nidhi Granites has surged by 10.31%, while the Sensex managed only a modest gain of 1.07%.
In the last month, the stock has impressively risen by 36.13%, compared to the Sensex's slight drop of 0.89%. Over a three-month period, Nidhi Granites has achieved a remarkable 69.96% increase, significantly outperforming the Sensex's 0.62% gain. Year-to-date, the stock has risen by 25.94%, while the Sensex has increased by 4.25%.

Today, Nidhi Granites reached a new 52-week high of Rs. 283.5, reflecting a 2% intraday gain. The stock has been on a positive trajectory for the last six days, accumulating a total return of 12.5% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The stock's performance is further highlighted by its outperformance against its sector by 2.92%.