Tejas Networks' Stock Performance Shows Positive Trend, Outperforms Sector and Sensex

Tejas Networks, a leading IT hardware company, has seen a positive trend in its stock performance on November 26, 2024. The stock has gained 3.14% and is currently trading at Rs. 1348. MarketsMOJO has given a 'Hold' call for the stock, which is part of their Momentumnow Stocks since May 10, 2024.

In terms of price performance, Tejas Networks has outperformed its sector by 0.97% today. The stock has also been on a consecutive gain for the last 3 days, with a rise of 5.81% in this period. Its intraday high was recorded at Rs. 1348, showing a 3.6% increase.

Tejas Networks is currently trading above its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in its stock price. The IT - Hardware sector has also seen a gain of 2.17%.

In comparison to the Sensex performance, Tejas Networks has outperformed with a 1 day performance of 3.15% while the Sensex has shown a -0.20% performance. In the last month, Tejas Networks has gained 6.68% while the Sensex has shown a 0.69% performance.

Overall, Tejas Networks has shown a strong performance in the stock market, with positive trends in its stock price and outperforming its sector and the Sensex. Investors may want to keep an eye on this stock for potential future growth.