BLS E-Services Stock Surges 7.97% on Consecutive Gains, Outperforms Sector

Sep 13 2024 10:20 AM IST
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BLS E-Services, a smallcap IT software company, saw a 7.97% increase in its stock price on September 13th, outperforming the sector by 7.9%. This was a result of consecutive gains for the last two days, with a total return of 9.95%. The stock's moving averages are currently higher than the short-term averages, but lower than the long-term average.

BLS E-Services, a smallcap IT software company, has seen a significant increase in its stock price on September 13th, 2024. The stock gained 7.97%, outperforming the sector by 7.9%. This rise in stock price is a result of the company's consecutive gains for the last two days, with a total return of 9.95% during this period.

On September 13th, BLS E-Services reached an intraday high of Rs 259.1, showing a growth of 8.43%. The stock's moving averages are currently higher than the 5-day, 20-day, 50-day, and 100-day moving averages, but lower than the 200-day moving average.

In comparison to the Sensex performance, BLS E-Services has outperformed with a 1-day performance of 9.56% while the Sensex has shown a -0.21% performance. Similarly, in the last month, BLS E-Services has seen a 24.70% increase in its stock price, while the Sensex has only shown a 4.86% increase.

BLS E-Services is a smallcap company in the IT software industry. The company's stock has been given a 'Sell' call by MarketsMOJO, indicating a potential decline in the stock price. However, the recent performance of the stock suggests otherwise. Investors should keep an eye on the company's future performance to make informed decisions.
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