Onward Technologies' Stock Sees Positive Trend, Outperforms Sector and Sensex on July 24

Onward Technologies, a smallcap IT software company, has seen a positive trend in its stock performance on July 24, 2024. The stock has gained 7.17% on this day, outperforming the sector by 3.4%. MarketsMOJO has given a 'Hold' call for the stock.

The stock has been on a consecutive gain for the last two days, with a rise of 4.37% in this period. On July 24, the stock touched an intraday high of Rs 451.75, showing a 4.81% increase. The moving averages for the stock are higher than the 20-day, 50-day, and 100-day moving averages, but lower than the 5-day and 200-day moving averages.

In comparison to the Sensex performance, Onward Technologies has outperformed with a 1-day performance of 6.79% while the Sensex has shown a -0.46% performance. In the last month, the stock has performed even better with a 15.55% increase, while the Sensex has shown a 3.52% increase.

Onward Technologies is a smallcap company in the IT software industry. The company's stock has shown a positive trend and has been performing well in the market. Investors can keep a hold on the stock as per the recommendation by MarketsMOJO.