LCC Infotech's Stock Reaches 52-Week High, Outperforms IT-Education Sector

Oct 14 2024 04:05 PM IST
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LCC Infotech, a microcap IT education company, has reached a 52-week high on October 14, 2024, with its stock currently trading at Rs 9.92. It has outperformed the IT - Education sector by 2.48% and is currently trading above its moving averages. Its one-year performance has shown a remarkable growth of 484.02%.

LCC Infotech, a microcap IT education company, has been making waves in the stock market as its price recently reached a 52-week high on October 14, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock is currently rated as a 'Sell'.

The company's stock is currently trading at Rs 9.92, which is only 0.51% away from its 52-week high. It has also outperformed the IT - Education sector by 2.48% in today's trading session. LCC Infotech has been on a winning streak for the past three days, with a 15.57% increase in its stock price.

In addition, LCC Infotech is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance. The IT - Education sector as a whole has also seen a gain of 2.51%.

When comparing the one-year performance of LCC Infotech to the Sensex, the company has shown a remarkable growth of 484.02%, while the Sensex has only grown by 23.67%. This showcases the strong performance of LCC Infotech in the market.

As a microcap company, LCC Infotech may not be on the radar of many investors, but its recent success in the stock market is worth noting. With its strong performance and positive trend, LCC Infotech is definitely a company to keep an eye on in the IT - Education sector.
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