Reliance Infrastructure Achieves 93.70% Annual Return Amid Strong Buying Activity

Reliance Infrastructure Ltd is witnessing significant buying activity, with the stock rising 4.99% today, outperforming the Sensex, which gained only 0.90%. Over the past week, Reliance Infrastructure has increased by 4.66%, while the Sensex rose by 1.66%. The stock's performance over the last month is particularly noteworthy, with a remarkable 32.39% increase compared to the Sensex's modest 1.31% gain.
In the past three months, Reliance Infrastructure has surged by 70.38%, significantly outpacing the Sensex's 6.12% rise. Year-to-date, the stock has gained 32.91%, while the Sensex has increased by 5.96%. Over the last year, Reliance Infrastructure has delivered an impressive 93.70% return, compared to the Sensex's 6.07%.

The stock is currently trading close to its 52-week high, just 4.2% away from Rs 421. It has shown consistent performance, gaining for the last three consecutive days with an overall return of 8.25% during this period. Today, it reached an intraday high of Rs 404.05. Additionally, Reliance Infrastructure is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.