SPML Infra Ltd Sees Strong Buying Activity Amidst Market Trends and Price Gains

Mar 20 2025 09:35 AM IST
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SPML Infra Ltd is experiencing notable buying activity, with a significant performance increase today. Over the past week, the stock has gained nearly 10%, and its three-day return is over 15%. Despite a challenging month, its one-year performance shows a substantial gain, outpacing broader market trends.
SPML Infra Ltd is currently witnessing significant buying activity, with the stock showing a robust performance today, gaining 4.97%. This increase is notable compared to the Sensex, which rose by only 0.70%. Over the past week, SPML Infra has recorded a total gain of 9.95%, while the Sensex increased by 2.91%.

The stock has been on a positive trajectory for the last three days, accumulating a total return of 15.71% during this period. It opened today with a gap up of 4.46% and reached an intraday high of Rs 165.75. Despite a challenging month, where the stock is down 7.40%, its one-year performance stands out with a gain of 34.32%, significantly outperforming the Sensex's 5.38% increase.

Factors contributing to the current buying pressure may include recent market sentiment shifts, potential developments within the capital goods sector, or company-specific news. The stock is trading above its 5-day and 20-day moving averages, indicating short-term strength, although it remains below its longer-term moving averages. Overall, SPML Infra's recent performance highlights a strong rebound in buyer activity amidst broader market trends.
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