Sonu Infratech Ltd Achieves 66% Annual Growth Amid Strong Market Momentum

Sonu Infratech Ltd is currently witnessing significant buying activity, with a notable 4.96% increase in its stock price today, contrasting sharply with the Sensex, which has seen a slight decline of 0.03%. Over the past week, Sonu Infratech has gained 3.21%, while the Sensex has dropped by 0.34%. This trend continues over a longer timeframe, with the stock showing a remarkable 21.66% increase over the last three months compared to the Sensex's 12.38%.
The stock's performance over the past year is particularly striking, with a 66.09% rise against the Sensex's modest 4.32% gain. Year-to-date, Sonu Infratech has increased by 8.38%, outperforming the Sensex, which has risen by 6.75%. Additionally, the stock has demonstrated impressive growth over three years, with a staggering 288.21% increase compared to the Sensex's 53.11%.

Today, Sonu Infratech opened with a gap up and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. The buying pressure may be attributed to positive sentiment in the construction sector, alongside the company's robust performance metrics.