Microcap IT Company Saven Technologies Outperforms Sector, Receives 'Sell' Call from MarketsMOJO

Saven Technologies, a microcap IT software company, has been making headlines in the stock market recently. The company's stock, listed under the ticker symbol SAVEN, has been given a 'Sell' call by MarketsMOJO, a leading financial analysis platform.

Despite opening with a gain of 3.21% today, Saven Tech's stock has been underperforming in the market. However, it has managed to outperform the sector by 3.35%. The stock also opened with a gap up, indicating a positive sentiment among investors.

The day's high for Saven Tech's stock was Rs 66.99, a 4.75% increase from its opening price. The company's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In comparison to the Sensex, Saven Technologies' stock has performed better in the past 1 day and 1 month, with a 0.86% and 35.65% increase respectively. In contrast, the Sensex has seen a -0.23% and 2.91% performance in the same time periods.

Saven Technologies is a microcap company in the IT software industry, providing innovative solutions to its clients. While the stock may have received a 'Sell' call, it is important to note that this is just one opinion and investors should do their own research before making any decisions. With its current performance and strong moving averages, Saven Tech's stock may still hold potential for investors.