Oracle Financial Services Software (OFSS) Soars to New High, Receives 'Buy' Rating from MarketsMOJO

Oracle Financial Services Software (OFSS) has been making waves in the IT software industry with its recent performance. On September 13, 2024, the company's stock gained 3.8%, closing at a new 52-week and all-time high of Rs. 11990.3. This positive momentum has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock. The stock has been on a consecutive gain streak for the last 5 days, with a 9.16% increase in returns during this period. It has also outperformed the sector by 2.62% today, reaching an intraday high of Rs. 11990.3, a 3.45% increase from the previous day. In addition, Oracle Fin.Serv. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Compared to the Sensex performance, OFSS has outperformed with a 1-day performance of 4.56% versus the Sensex's -0.06%. Over the past month, OFSS has also outperformed the Sensex with a 12.99% increase in returns compared to the Sensex's 5.01%. With its strong performance and positive outlook, Oracle Financial Services Software is a company to watch in the IT software industry. Investors can take advantage of this opportunity and consider adding OFSS to their portfolio.