Sonu Infratech Ltd Rises 2.97% Today, Achieves 100% Gain Over One Year Despite Recent Declines

Sonu Infratech Ltd is witnessing significant buying activity, with the stock rising by 2.97% today, notably outperforming the Sensex, which increased by only 0.48%. Over the past week, Sonu Infratech has gained 5.05%, while the Sensex has seen a modest rise of 0.72%. However, the stock's performance over the past month shows a slight increase of 0.48, contrasting with the Sensex's stronger gain of 5.81%.
Despite a challenging three-month period where Sonu Infratech declined by 12.86%, the stock has shown remarkable resilience over the past year, achieving a 100% increase compared to the Sensex's 5.80%. Year-to-date, the stock is down 13.33%, while the Sensex has risen by 8.82%. Over three years, Sonu Infratech has surged by 147.62%, significantly outpacing the Sensex's 41.81% growth.

Today's trading opened with a gap up, and the stock's performance is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. This trend indicates a potential shift in market sentiment towards Sonu Infratech, driven by factors that may include recent developments in the construction sector or company-specific news.