Nidhi Granites Ltd Experiences Strong Buying Activity Amidst Significant Long-Term Gains

Nidhi Granites Ltd is currently witnessing strong buying activity, with all trades today reflecting buyer interest. The stock's performance over the past day shows a 0.00% change, underperforming the Sensex, which has gained 1.10%. However, over the past month, Nidhi Granites has shown a positive trend with a 4.32% increase, outperforming the Sensex's 1.32% gain.
In terms of longer-term performance, Nidhi Granites has demonstrated significant resilience, with a remarkable 34.97% increase over the past three months compared to the Sensex's 6.17%. The stock has also achieved an impressive 428.47% rise over the past three years and a staggering 1464.04% increase over the last five years, far exceeding the Sensex's respective gains of 57.02% and 137.45%.

Today's trading saw an open gap up, with the stock maintaining higher values than its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently lower than its 5-day moving average. This performance indicates a potential shift in market sentiment, contributing to the ongoing buying pressure.