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

Aug 30 2024 09:26 AM IST
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Info Edge (India) has reached an all-time high, with its stock price hitting a new 52-week high of Rs. 7720 on August 30th, 2024. The company has consistently outperformed the sector and the Sensex, with its stock trading above all its moving averages. This showcases its strong performance and potential for future growth.


Info Edge (India), a leading IT software company, has reached an all-time high on August 30th, 2024. This is a significant milestone for the company, showcasing its strong performance and growth in the industry. The stock has been given a 'Buy' call by MarketsMOJO, indicating positive sentiment and potential for further growth.

The stock price of Info Edge (India) has hit a new 52-week high of Rs. 7720, outperforming the sector by 0.54%. However, the stock has seen a slight dip after four consecutive days of gains, which could be a sign of a trend reversal. Today, the stock has traded in a narrow range of Rs. 47.05, but it has also shown high volatility with an intraday volatility of 379.77%.

Info Edge (India) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong uptrend in the stock. This is a positive sign for investors, as it shows the stock's consistent performance and potential for future growth.

In the past year, Info Edge (India) has outperformed the Sensex with a 75.69% increase in its stock price, compared to the Sensex's 26.63% performance. This further highlights the company's strong performance and potential for growth in the IT software industry.

Overall, Info Edge (India) has shown impressive growth and performance, making it a top choice for investors in the largecap category. With a 'Buy' call from MarketsMOJO and a strong track record, the company is poised for continued success in the future.
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