Hinduja Global Solutions (HGS) Stock Sees Significant Increase, Outperforms Sector by 6.95%
On August 20, 2024, Hinduja Global Solutions (HGS) stock price rose by 7.07%, outperforming the sector by 6.95%. This increase follows a consecutive gain for the last 2 days, with a 5.73% rise in returns. However, HGS has a 'Strong Sell' rating and has seen a -10.66% decrease in performance in the last month.
Hinduja Global Solutions (HGS), a leading BPO/ITeS company in the smallcap industry, saw a significant increase in its stock price on August 20, 2024. The stock gained 7.07%, outperforming the sector by 6.95%. This rise in stock price comes after a consecutive gain for the last 2 days, with a 5.73% increase in returns during this period.
The stock also touched an intraday high of Rs 764.45, showing a 5.29% increase. However, the stock is currently trading higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex performance, HGS has outperformed with a 1-day performance of 7.07% compared to the Sensex's 0.45%. However, in the last month, HGS has seen a -10.66% decrease in performance while the Sensex has seen a 0.22% increase.
HGS has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the stock. This news article is based on factual information and does not include any external data or sources. It is important for investors to conduct their own research and analysis before making any investment decisions.
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