Nidhi Granites Hits All-Time High Amidst Strong Buying Activity and Market Outperformance

Nidhi Granites Ltd is currently witnessing significant buying activity, marking a notable performance in the market. Today, the stock has gained 2.00%, contrasting sharply with the Sensex, which has declined by 0.29%. Over the past week, Nidhi Granites has shown a robust increase of 5.12%, while the Sensex managed only a modest gain of 0.85%.
In the last month, Nidhi Granites has surged by an impressive 29.53%, significantly outperforming the Sensex, which fell by 0.28%. The stock's performance over three months stands at a remarkable 74.60%, compared to the Sensex's decline of 1.18%. Year-to-date, Nidhi Granites has risen by 37.29%, while the Sensex has increased by 3.00%.

Today, the stock opened with a gap up of 2% and reached an intraday high of Rs. 309.05, marking a new 52-week and all-time high. Notably, Nidhi Granites has been on a consecutive gain streak for the last four days, accumulating a total return of 7.25% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.