Aurum Proptech's Stock Reaches All-Time High, Outperforms Sector and Market

Aurum Proptech, a microcap IT software company, has been making waves in the stock market as its price reached an all-time high on August 20, 2024. The stock has been gaining for the last four days and has risen by an impressive 28.72% in this period. Today, it outperformed the sector by 2.15%, with a new 52-week high of Rs. 243.5.

MarketsMOJO has given a 'Hold' call for Aurum Proptech, indicating that the stock is expected to perform steadily in the near future. The stock has also shown high volatility today, with an intraday volatility of 26.88%. This is calculated from the weighted average price, which takes into account the volume of trades.

Aurum Proptech's performance over the past year has been remarkable, with a 83.73% increase in its stock price. In comparison, the Sensex has only seen a 24.09% increase in the same period. This shows the company's strong growth potential and its ability to outperform the market.

The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. With its recent surge in price and consistent growth, Aurum Proptech is definitely a company to watch out for in the IT software industry.