Tera Software Hits 52-Week High, Shows Remarkable Growth in IT Sector
Tera Software, a microcap IT software company, has reached a 52-week high with its stock price at Rs.140.96 on November 12, 2024. The stock has shown consecutive gains for the last 6 days, with a remarkable 81.63% return. It has also outperformed the sector by 9.63% and has a positive trend with its moving averages. Tera Software has shown impressive growth of 220.36% in the past year, showcasing its potential in the market. MarketsMojo has given a 'Hold' call for the stock, making it a company to watch out for in the IT software industry.
Tera Software, a microcap IT software company, has recently hit a 52-week high with its stock price reaching Rs.140.96 on November 12, 2024. This has been a consecutive gain for the company, with the stock rising for the last 6 days and showing a remarkable 81.63% return in this period. The stock opened with a gain of 6.25% today and touched an intraday high of Rs.140.96, outperforming the sector by 9.63%.
The stock has shown high volatility today, with an intraday volatility of 332.66%, calculated from the weighted average price. This indicates a strong interest from investors and a positive sentiment towards the company's performance.
Tera Software's moving averages also show a positive trend, with the stock trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the company's strong performance in the market.
In the past year, Tera Software has shown an impressive growth of 220.36%, outperforming the Sensex's performance of 21.95%. This showcases the company's potential and its ability to deliver strong returns to its investors.
MarketsMOJO has given a 'Hold' call for Tera Software's stock, indicating a neutral stance on the company's performance. With its recent 52-week high and consistent growth, Tera Software is definitely a company to watch out for in the IT software industry.
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