Info Edge (India) Stock Sees 3.44% Increase, Outperforms Sector and Market.
Info Edge (India) stock saw a 3.44% increase on November 4th, 2024, outperforming its sector by 4.06%. It has shown consecutive gains for 2 days and reached an intraday high of Rs 7736. Moving averages indicate a positive long-term trend. In comparison to the market, it has shown strong performance.
Info Edge (India), a leading IT software company, saw a 3.44% increase in its stock price on November 4th, 2024. The stock has been performing well in the market, with a 'Hold' recommendation from MarketsMOJO.
In terms of price performance, Info Edge (India) has outperformed its sector by 4.06% on the day. It has also shown consecutive gains for the last 2 days, with a 3.86% increase in returns during this period. The stock reached an intraday high of Rs 7736, showing a 3.52% increase.
When looking at moving averages, Info Edge (India) is currently higher than its 5 day, 100 day, and 200 day moving averages. However, it is lower than its 20 day and 50 day moving averages. This indicates a positive trend for the stock in the long term.
In comparison to the overall market performance, Info Edge (India) has shown a 1 day performance of 3.40% while the Sensex has seen a -1.25% performance. Similarly, in the last 1 month, Info Edge (India) has seen a -5.74% performance while the Sensex has seen a -3.63% performance.
Overall, Info Edge (India) has shown a strong performance in the market, with positive returns and outperforming its sector. With a 'Hold' recommendation from MarketsMOJO, investors may want to keep an eye on this stock for potential growth opportunities.
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