Midcap IT Company Nazara Technologies Sees Positive Stock Performance on October 8th
On October 8th, 2024, Nazara Technologies, a midcap IT software company, saw a 5.2% increase in its stock, outperforming the sector by 5.74%. This marks a reversal from three consecutive days of falls. The stock is currently trading above its 100-day and 200-day moving averages, but below its 5-day, 20-day, and 50-day moving averages. In comparison to the overall market, Nazara Technologies has outperformed the Sensex by 5.22% in the past day and 2.84% in the past month. MarketsMojo has given a 'Hold' call for the stock, reflecting a neutral stance. The company's strong performance in the IT software industry solidifies its position as a midcap player.
Nazara Technologies, a midcap IT software company, saw a positive trend in its stock performance on October 8th, 2024. The stock gained 5.2%, outperforming the sector by 5.74%. This marks a reversal from the previous three days of consecutive falls.
The stock reached an intraday high of Rs 947, showing a strong upward movement. It is currently trading higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages.
In comparison to the overall market performance, Nazara Technologies has outperformed the Sensex by 5.22% in the past day and 2.84% in the past month.
MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance. This news comes as the company continues to make strides in the IT software industry, solidifying its position as a midcap player. Investors and experts are closely watching the company's performance, as it continues to show promising growth potential.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
