Nidhi Granites' Stock Reaches All-Time High, Outperforms Sector and Sensex

Nidhi Granites, a microcap company in the mining and minerals industry, has been making headlines recently as its stock price reached an all-time high on November 20, 2024. According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Nidhi Granites' stock is 'Hold'.

The company's stock has been performing well, with a new 52-week high of Rs.185.85 being hit today. In fact, Nidhi Granites has outperformed the sector by 2.35% and has been on a consecutive gain for the last 3 days, with a 8.6% increase in returns during this period. The stock also opened with a gain of 5% today and touched an intraday high of Rs.185.85.

Nidhi Granites' stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. In comparison to the Sensex, Nidhi Granites has shown a remarkable 1-year performance of 280.11%, while the Sensex has only seen a 17.91% increase.

As a microcap company, Nidhi Granites may not be as well-known as some of its larger counterparts in the industry. However, its recent stock performance and positive outlook from MarketsMOJO suggest that it may be a company worth keeping an eye on.