NIIT Stock Sees Significant Increase, MarketsMOJO Gives 'Hold' Call

NIIT, a smallcap IT education company, has seen a significant increase in its stock price on November 11, 2024. The stock has gained 8.32% and is currently trading at Rs 198. This performance has caught the attention of MarketsMOJO, who have given a 'Hold' call for the stock.

NIIT's stock is currently 4.01% away from its 52-week high of Rs 203.8. It has also outperformed the sector by 1.22% today. The stock has been on a consecutive gain for the last 2 days and has seen a rise of 7.14% during this period. The intraday high for the stock was Rs 198, which is a 4.27% increase from its previous close.

In terms of moving averages, NIIT is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In comparison to the Sensex, NIIT has outperformed with a 1-day performance of 8.16% while the Sensex has only seen a 0.75% increase. In the last month, NIIT has also outperformed the Sensex with a 22.59% increase compared to the Sensex's -1.60% performance.

Overall, NIIT's stock has shown a strong performance and has caught the attention of investors. With a 'Hold' call from MarketsMOJO, it will be interesting to see how the stock performs in the coming days.