Short-Term Gains Outpace Market and Sector
Radhe Developers has outperformed the Sensex and its sector peers in recent trading sessions. Over the past week, the stock appreciated by 7.49%, significantly higher than the Sensex’s modest 0.42% gain. This upward trend continued into the last two days, with the stock delivering a cumulative return of 9.84%. On the day in question, the stock outperformed its sector by 8.32%, signalling strong buying interest relative to its immediate industry group.
The stock’s price currently trades above its 5-day and 20-day moving averages, indicating positive short-term technical momentum. However, it remains below the 50-day, 100-day, and 200-day moving averages, suggesting that the broader medium- to long-term trend remains subdued.Read More










