Tera Software Achieves All-Time High Amidst Strong Market Momentum and Trading Activity
Tera Software Ltd has reached its upper circuit limit, achieving a new 52-week and all-time high of Rs 308.5. The stock has gained for seven consecutive days, reflecting strong market performance despite a decline in delivery volume. It remains above key moving averages, indicating a positive trend.
Tera Software Ltd, a microcap company in the Computers - Software & Consulting industry, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 308.5, marking a significant achievement as it also set a new 52-week and all-time high. This performance reflects a notable increase of 4.99% from the previous trading session, with a total traded volume of approximately 0.03282 lakh shares and a turnover of Rs 0.101 crore.The stock has shown consistent strength, gaining for the last seven consecutive days and delivering a total return of 17.46% during this period. Tera Software opened the trading day with a gap up, reflecting positive momentum. Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Despite a decline in delivery volume, which fell by 78.24% against the 5-day average, Tera Software's liquidity remains adequate for trading. Overall, the stock's performance today underscores its robust position in the market, with a 1D return of 4.99%, significantly outperforming its sector and broader market indices.
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