DC Infotech & Communication Ltd Surges to Record High, Outperforms Sector and Sensex

DC Infotech & Communication Ltd, a microcap IT hardware company, has been making waves in the stock market with its recent surge in share price. On July 5th, the company's stock reached a 52-week high of Rs. 283.3, which is also an all-time high for the company. This impressive performance has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been on a winning streak for the past 6 days, outperforming the sector by 5.54%. In just this short period, the stock has seen a remarkable 25.78% increase in its value. Today, the stock opened with a gain of 4.98% and touched an intraday high of Rs. 283.3. This positive momentum is further supported by the fact that DC Infotech is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex, DC Infotech has shown an impressive 1-year performance of 83.04%, while the Sensex has only seen a 21.58% increase. This showcases the company's strong growth potential and its ability to outperform the market.

DC Infotech & Communication Ltd's success can be attributed to its strong presence in the IT hardware industry, despite being a microcap company. With its consistent growth and positive performance, the company is definitely one to watch out for in the stock market.