Info Edge (India) Ltd Surges to New High, Outperforming Sector and Sensex

Sep 19 2024 09:35 AM IST
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Info Edge (India) Ltd, a top IT software company, saw a 3.64% increase in its stock price on September 19th, 2024, outperforming the sector by 3.03%. The stock reached a new 52-week and all-time high of Rs 8150, showcasing its strong performance and growth. With positive trends and outperforming the Sensex, it remains a promising investment opportunity.


Info Edge (India) Ltd, a leading IT software company, has seen a positive surge in its stock price on September 19th, 2024. The stock has gained 3.64%, outperforming the sector by 3.03%. This comes after two consecutive days of fall, indicating a potential trend reversal.

The stock opened with a gain of 2.1% and touched an intraday high of Rs 8150, which is also its new 52-week and all-time high. This is a significant milestone for the company, showcasing its strong performance and growth in the market.

Info Edge (India) Ltd has also been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. This further solidifies the company's position as a large-cap player in the IT software industry.

In comparison to the Sensex performance, Info Edge (India) Ltd has outperformed with a 1-day performance of 4.01% and a 1-month performance of 8.67%. This showcases the company's strong financials and growth potential.

With its stock call being 'Buy' by MarketsMOJO, investors can be confident in the company's performance and potential for growth. As a leading player in the IT software industry, Info Edge (India) Ltd continues to make strides and achieve new highs, making it a promising investment opportunity.
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