Zomato's Stock Hits All-Time High, Outperforms Sector and Sensex

Zomato, a leading IT software company, has been making waves in the stock market with its recent performance. On September 20th, the company's stock gained 3.1%, closing at a new 52-week and all-time high of Rs. 289.6. This impressive performance has caught the attention of investors and analysts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has been on a winning streak for the past three days, with a consecutive gain of 6.68% during this period. Zomato's performance today has also outperformed the sector by 3.72%, showcasing the company's strong growth potential.

Intraday trading saw Zomato's stock touch an all-time high of Rs. 289.6, marking a 3.86% increase from the previous day's close. The company's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In comparison to the Sensex, Zomato's stock has outperformed with a 1-day performance of 3.07% versus the Sensex's 0.15%. Over the past month, Zomato's stock has shown a strong growth of 9.28%, while the Sensex has only grown by 3.10%.

With its consistent growth and strong performance, Zomato is proving to be a promising investment for investors. The company's stock is definitely one to watch out for in the IT software industry, and it will be interesting to see how it continues to perform in the coming days.