Info Edge (India) Ltd's Stock Reaches 52-Week High, Outperforms Sector and Sensex

Oct 04 2024 10:05 AM IST
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Info Edge (India) Ltd, a leading IT software company, has been making waves in the stock market with its impressive performance. On October 4th, 2024, the company's stock price reached a 52-week high of Rs. 8291.55, showcasing its strong growth and potential. MarketsMojo has given a 'Buy' call, and the stock has consistently outperformed the sector and moving averages, making it a promising investment option in the IT industry.


Info Edge (India) Ltd, a leading IT software company, has been making waves in the stock market with its impressive performance. On October 4th, 2024, the company's stock price reached a 52-week high of Rs. 8291.55, showcasing its strong growth and potential.

MarketsMOJO, a renowned stock market analysis platform, has given a 'Buy' call for Info Edge (India) Ltd, further solidifying the company's positive outlook. The stock has also outperformed the sector by 1.48% and touched an intraday high of Rs. 8291.55, a 2.14% increase from the previous day.

Info Edge (India) Ltd's moving averages also reflect its strong performance, with the stock trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a consistent upward trend and a positive sentiment among investors.

In the past year, Info Edge (India) Ltd has shown an impressive growth of 103.85%, outperforming the Sensex's performance of 26.50%. This further highlights the company's strong position in the market and its ability to deliver consistent returns to its investors.

With its strong performance and positive outlook, Info Edge (India) Ltd is definitely a stock to watch out for in the IT software industry. Its consistent growth and potential for future success make it a promising investment option for those looking to add a largecap company to their portfolio.
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