Zee Media Corporation's Stock Price Soars by 9.99% and Outperforms Sector and Sensex

Zee Media Corporation, a smallcap company in the TV broadcasting and software industry, has seen a significant increase in its stock price on September 27, 2024. The stock has gained 9.99%, closing at Rs. 20.7, which is also its new 52-week high.

According to MarketsMOJO, a leading stock market analysis platform, the stock of Zee Media Corporation is currently rated as 'Sell'. However, the stock has outperformed the sector by 9.91% and has been on a consecutive gain for the last 3 days, with a total return of 48.39% in this period. It also opened with a gap up of 8.4% today and touched an intraday high of Rs. 20.7.

Zee Media Corporation is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the overall performance of the Sensex, Zee Media Corporation has shown a much higher growth of 9.99% in just one day, while the Sensex has only grown by 0.11%. In the past month, the stock has also outperformed the Sensex by a significant margin, with a growth of 48.92% compared to the Sensex's 5.16%.

Overall, Zee Media Corporation has shown a strong performance in the stock market, with a significant increase in its stock price and outperforming the sector and Sensex. Investors may want to keep an eye on this smallcap company in the TV broadcasting and software industry for potential future growth.