Exicom Tele-Systems Stock Sees 5.7% Increase, Outperforms Sector and Sensex

Jul 15 2024 09:50 AM IST
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However, the stock's current performance has been strong, outperforming the sector and the Sensex in the past month and showing a potential trend reversal after three days of falling.


Exicom Tele-Systems, a midcap company in the capital goods industry, saw a 5.7% increase in its stock on July 15, 2024. According to MarketsMOJO, a leading stock market analysis and recommendation platform, the stock has been given a 'Hold' call.

The stock's performance today has outperformed the sector by 6.41%, indicating a positive trend. After three consecutive days of falling, the stock has gained, showing a potential trend reversal. Additionally, the stock opened with a gain of 4.13% today and reached an intraday high of Rs 472.4, a 6.28% increase.

Exicom Tele-Systems is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance. In comparison to the Sensex, the stock has shown a 1-day performance of 6.97% while the Sensex has only seen a 0.13% increase. In the past month, Exicom Tele-Systems has outperformed the Sensex by 48.90% with a 4.72% increase.

As a midcap company in the capital goods industry, Exicom Tele-Systems has shown promising growth and performance in the stock market. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this stock for potential future developments.
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