Allsec Technologies Hits Record High Stock Price, Garnering Attention from Renowned Stock Market Analysis Platform

Allsec Technologies, a leading BPO/ITeS company, has recently reached an all-time high in its stock price. On May 20, 2024, the company's stock price hit a record high of Rs.1065.6, which is a significant milestone for the company.

This positive development has caught the attention of MarketsMOJO, a renowned stock market analysis platform, which has given a 'Buy' call for Allsec Technologies. This further reinforces the company's strong performance and potential for growth.

In terms of price performance, Allsec Technologies has outperformed the sector by 0.81% today. The stock has also been on a consecutive gain for the last 2 days, with a 5.16% increase in returns during this period. This is a clear indication of the company's upward momentum and investor confidence.

Moreover, Allsec Technologies is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for the company's stock price.

In comparison to the overall market performance, Allsec Technologies has shown an impressive 1-year performance of 128.57%, while the Sensex has only recorded a 20.22% increase. This further highlights the company's strong growth potential and its ability to outperform the market.

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