Yogi Infra Projects Hits New 52-Week High Amidst Surge in Buying Activity

Yogi Infra Projects Ltd is currently witnessing significant buying activity, with the stock showing a remarkable performance across various time frames. Today, the stock surged by 7.79%, significantly outperforming the Sensex, which only gained 0.32%. Over the past week, Yogi Infra Projects has experienced a staggering 77.46% increase, while the Sensex rose just 0.14%. The stock's performance over the last month stands at an impressive 88.06%, compared to the Sensex's 2.56%.
Notably, Yogi Infra Projects has been on a consecutive gaining streak for the last six days, accumulating a total return of 97.06% during this period. The stock opened today with a gap up of 5.7% and reached an intraday high of Rs 16.06, marking a new 52-week high. This performance is further underscored by the fact that it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The strong buying pressure may be attributed to various factors, including positive market sentiment and the company's robust performance metrics, which have consistently outpaced the broader market indices.