Info Edge (India) Ltd Stock Declines by -3.16% on October 25, Still Outperforms Sector and Sensex.

Oct 25 2024 11:45 AM IST
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Info Edge (India) Ltd, a leading IT software company, experienced a -3.16% decrease in its stock price on October 25, 2024. The stock has been on a downward trend for the past two days, with a consecutive fall of -4.15%. Despite underperforming the sector today, it is still performing better than the 100 day and 200 day moving averages. In comparison to the Sensex, the stock has shown a decline of -2.64% in the past day and -5.01% in the past month, slightly better than the Sensex's performance. MarketsMojo recommends holding positions in the stock.

Info Edge (India) Ltd, a leading IT software company, saw a decline of -3.16% in its stock price on October 25, 2024. The stock has been on a downward trend for the past two days, with a consecutive fall of -4.15% during this period. The stock touched an intraday low of Rs 7440.65, showing a decline of -3.74%.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Info Edge (India) Ltd is 'Hold'. The stock has underperformed the sector by -2.85% today. However, it is still performing better than the 100 day and 200 day moving averages, but lower than the 5 day, 20 day, and 50 day moving averages.

In comparison to the Sensex performance, Info Edge (India) Ltd has shown a decline of -2.64% in the past day and -5.01% in the past month. This is slightly better than the Sensex performance, which has declined by -0.79% and -6.73% in the same time periods, respectively.

Overall, Info Edge (India) Ltd has shown a decline in its stock price, but it is still performing better than the sector and the Sensex. Investors are advised to hold their positions in the stock, as per MarketsMOJO's recommendation.
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