Oracle Financial Services Software Hits 52-Week High, Outperforms Sector with Strong Performance

Jan 18 2024 09:35 AM IST
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Oracle Financial Services Software, a leading IT software company, reached a 52-week high on January 18, 2024. The stock has been performing well, with a 10% gain and an intraday high of Rs 5850.5. It has also outperformed the sector by 15.72% and has a high dividend yield of 4.42%.

Oracle Financial Services Software, a leading IT software company in the largecap industry, has recently hit a 52-week high on January 18, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

The stock opened with a gain of 10% today and touched an intraday high of Rs 5850.5, outperforming the sector by 15.72%. It has been on a consecutive gain for the last 2 days and has seen a rise of 19.1% in this period. Oracle Fin.Serv. is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

At the current price, the stock has a high dividend yield of 4.42%, making it an attractive option for investors. In the past year, Oracle Financial Services Software has shown a strong performance of 87.89%, while the Sensex has only seen a 16.41% growth.

With its consistent growth and strong performance, Oracle Financial Services Software continues to be a top player in the IT software industry. Investors can consider holding onto this stock for potential long-term gains.
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