Indegene's Stock Soars to New Highs, Recognized by MarketsMOJO with 'Hold' Call

Indegene, a midcap IT software company, has seen a positive growth in its stock price on October 1st, 2024. The stock has gained 5.54% and is currently trading at a new 52-week and all-time high of Rs. 734. This performance has been recognized by MarketsMOJO, who have given a 'Hold' call for the stock.

In today's trading session, Indegene has outperformed the sector by 5.27%, showcasing its strong performance. The stock has been on a consecutive gain for the last 3 days and has seen a rise of 10.09% during this period. The intraday high for the stock was Rs. 734, which is a 5.93% increase from the previous day.

Indegene's moving averages also indicate a positive trend, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further strengthens the company's performance in the market.

In comparison to the Sensex, Indegene has outperformed with a 1-day performance of 5.33% while the Sensex has only seen a 0.07% increase. Over the past month, Indegene has also shown a strong performance with a 25.16% increase, while the Sensex has only seen a 2.42% increase.

Overall, Indegene's stock has shown a positive growth and has been recognized by MarketsMOJO with a 'Hold' call. With its strong performance and consistent gains, Indegene is a company to watch out for in the IT software industry.