Allsec Technologies Hits Record High, Outperforms Sector and Sensex in Impressive Growth

Allsec Technologies, a leading BPO/ITeS company, has recently reached an all-time high in its stock price. On June 18, 2024, the company's stock hit a record high of Rs.1186, which is also its new 52-week high. This positive performance has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In today's trading session, Allsec Technologies has outperformed its sector by 1.28%, showcasing its strong growth potential. The stock has been on a consecutive gain for the last 5 days and has seen a remarkable 10.28% increase in its returns during this period. The stock opened at Rs.1186 and has maintained this price throughout the day.

Moreover, Allsec Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in the market. This is a positive sign for investors and reflects the company's strong financial performance.

In the past year, Allsec Technologies has shown an impressive growth of 139.78%, outperforming the Sensex's performance of 21.64%. This showcases the company's ability to deliver consistent and strong returns for its investors.

With its recent all-time high and positive performance, Allsec Technologies is definitely a stock to watch out for in the BPO/ITeS industry. Investors can consider adding this smallcap company to their portfolio for potential long-term gains.