Nidhi Granites Ltd Achieves New All-Time High Amidst Strong Buying Activity

Nidhi Granites Ltd is witnessing significant buying activity, with the stock showing a robust performance across various time frames. Today, it recorded a gain of 1.99%, outperforming the Sensex, which rose by only 0.12%. Over the past week, Nidhi Granites has surged by 9.39%, while the Sensex managed a modest 0.55% increase. The stock's impressive one-month performance stands at 28.65%, compared to the Sensex's 1.19%.
In the last three months, Nidhi Granites has skyrocketed by 81.15%, contrasting sharply with the Sensex's decline of 1.68%. Over the past year, the stock has gained an astounding 103.82%, while the Sensex has seen a slight decrease of 0.46%. Year-to-date, Nidhi Granites is up 40.03%, significantly outpacing the Sensex's 3.42% rise.

Today, Nidhi Granites reached a new 52-week and all-time high of Rs. 309.05. Despite a trend reversal after four consecutive days of gains, the stock has maintained a narrow trading range of Rs. 1.05 and is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong underlying momentum.