Tera Software Ltd Achieves 405% Annual Growth Amid Strong Buying Activity
Tera Software Ltd is experiencing notable buying interest, significantly outperforming the broader market. The stock has shown impressive growth over the past year and has maintained a strong upward trend, with consistent gains over the last five days, reflecting positive momentum in the IT - Software sector.
Tera Software Ltd is witnessing significant buying activity, with the stock showing a remarkable performance compared to the broader market. Today, Tera Software's shares surged by 4.98%, outperforming the Sensex, which rose by 2.47%. Over the past week, the stock has gained 13.21%, while the Sensex has only managed a modest 0.76% increase. In terms of longer-term performance, Tera Software has demonstrated impressive growth, with a staggering 405.07% increase over the past year, compared to the Sensex's 12.04%. The stock has also shown consistent upward momentum, with five consecutive days of gains, reflecting a total return of 13.21% during this period.
The stock opened today at Rs 239.1, marking a gap up of 4.98%, and reached an intraday high of Rs 239.1. Tera Software is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. The IT - Software sector itself has gained 2.36%, contributing to the overall positive sentiment surrounding Tera Software.
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