Tejas Networks sees 4.31% stock price growth, 'Hold' call from MarketsMOJO
Tejas Networks, a leading IT hardware company, has seen a positive growth in its stock price on October 23, 2024. The stock has gained 4.31% and is currently trading at Rs. 1339.4. MarketsMOJO, a renowned stock analysis platform, has given a 'Hold' call for Tejas Networks.
The stock has been a part of Momentumnow Stocks on MarketsMOJO since May 10, 2024. Tejas Networks has outperformed the IT - Hardware sector by 1.68% and has touched an intraday high of Rs. 1339.4, showing a growth of 5.41%. The stock is also trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.
In the IT - Hardware sector, Tejas Networks has gained by 2.76%. In comparison to the Sensex performance of 0.46%, the stock has shown a 1 day performance of 4.01% and a 1 month performance of 7.09%. This indicates a positive trend for Tejas Networks in the market.
With its consistent performance and positive growth, Tejas Networks is a strong player in the IT - Hardware industry. Investors can consider holding onto their stocks for now, as suggested by MarketsMOJO.
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