Info Edge (India) Ltd Reaches All-Time High, Outperforms Sector and Sensex

Sep 12 2024 02:40 PM IST
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Info Edge (India) Ltd, a leading IT software company, has reached an all-time high in its stock price on September 12, 2024. According to MarketsMojo, the stock is currently a 'Buy' call and has outperformed the sector by 0.45% today. It has also consistently shown positive returns and is trading higher than its moving averages, making it a promising investment option in the IT software industry.


Info Edge (India) Ltd, a leading IT software company, has recently reached an all-time high in its stock price on September 12, 2024. This is a significant milestone for the company, showcasing its strong performance and growth in the market.

According to MarketsMOJO, a leading stock analysis platform, Info Edge (India) Ltd's stock is a 'Buy' call. The company's stock is currently trading at 0.18% below its 52-week high of Rs 7776.05, indicating a positive trend in its performance. In fact, the stock has outperformed the sector by 0.45% today and has been on a consecutive gain for the last 4 days, with a 4.89% increase in returns during this period.

Moreover, Info Edge (India) Ltd's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance in the market.

In the past year, Info Edge (India) Ltd has shown an impressive growth of 72.58%, outperforming the Sensex's performance of 22.76%. This showcases the company's ability to consistently deliver positive returns to its investors.

With its strong performance and growth in the market, Info Edge (India) Ltd is a promising investment option for those looking to invest in the IT software industry. As a largecap company, it offers stability and potential for long-term growth. Investors can confidently consider Info Edge (India) Ltd as a valuable addition to their portfolio.
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