Highlights
- Sharp Share Price Decline – KRIDHAN fell 19.94% to ₹2.73 on 2 March 2026.
- Project-Based Revenue & Execution Risks – Revenue and profitability are highly sensitive to order inflows, government spending, delayed receivables, and high working capital requirements.
- Technical Weakness & Oversold Conditions – Trading below the 50-day SMA at ₹3.84 with immediate support at ₹2.60–₹2.50 and resistance at ₹3.10–₹3.50; 14-day RSI at 20.66 indicates oversold momentum.
Kridhan Infra (NSE:KRIDHAN) share price falls 19.94% to ₹2.73 on 2 March 2026.
Revenue Stability: Project-Based Volatility
Kridhan Infra operates in:
- Infrastructure construction
- Civil engineering projects
Revenue depends on:
- Project execution
- Order inflows
- Government infrastructure spending
Balance Sheet and Execution Risk
Infrastructure companies face:
- High working capital needs
- Debt exposure
- Delayed receivables
Execution delays can significantly impact profitability.
Technical Insights
- Support: ₹2.60 – 2.50
- Resistance: ₹3.10 – 3.50
- Weak structure
Kridhan Infra is trading at ₹2.73, positioned below its 50-day Simple Moving Average at ₹3.84, reflecting a subdued broader structure. The recent sharp price movement has pushed the 14-day RSI to 20.66, indicating stretched momentum conditions. Immediate support is placed in the ₹2.60–₹2.50 range, while resistance is seen between ₹3.10–₹3.50. These zones act as near-term technical reference levels as the stock navigates heightened volatility within the current price framework.
FAQ – Kridhan Infra
- Why did Kridhan fall?
Likely execution or balance sheet concerns. - Is infrastructure sector weak?
Execution-heavy companies face volatility. - Key support?
₹2.80.