3i Infotech's Stock Hits 52-Week High, Outperforms Sector by 0.52%

3i Infotech, a smallcap IT software company, has recently seen a surge in its stock price, reaching a 52-week high on January 30, 2024. The stock has been performing well in the market, outperforming its sector by 0.52%. According to MarketsMOJO, the stock is currently rated as 'Hold'.

On January 30, the stock hit a new 52-week high of Rs.61.76, showing a strong performance in the market. In the last 7 days, the stock has been on a consecutive gain, rising by 14.7%. This positive trend is also reflected in the moving averages, with 3i Infotech trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 20.67%, 3i Infotech has shown a remarkable 1-year performance of 65.60%. This indicates the company's strong growth and potential in the IT software industry.

3i Infotech is a smallcap company in the IT software industry, providing a range of services such as application development, maintenance, and consulting. With its recent surge in stock price and positive market performance, 3i Infotech is definitely a company to watch out for in the IT sector.