Matrimony.com's Stock Price Soars 10.85% and Outperforms Sector and Sensex

Matrimony.com, a leading IT software company in the smallcap industry, has seen a significant increase in its stock price on August 19, 2024. The stock has gained 10.85% and is currently trading at Rs. 666.95. MarketsMOJO has given a 'Hold' call for the stock.

In today's trading session, Matrimony.com has outperformed the sector by 7.8%. The stock has been on a consecutive gain for the last 3 days and has seen a rise of 10.78% during this period. The day's high for the stock was Rs. 666.95, which is an increase of 8.46%.

Matrimony.com is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend for the stock.

In comparison to the Sensex, Matrimony.com has outperformed with a 1-day performance of 9.94% while the Sensex has only seen a 0.06% increase. In the last month, Matrimony.com has also outperformed the Sensex with a 17.28% increase compared to the Sensex's -0.15% performance.

Overall, Matrimony.com has shown strong performance in the stock market, with a significant increase in its stock price and outperforming the sector and Sensex. Investors may want to consider holding onto their shares for now, as suggested by MarketsMOJO's 'Hold' call.