InfoBeans Technologies Stock Sees 7.66% Rise, Outperforms Sector and Sensex

Aug 29 2024 01:50 PM IST
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InfoBeans Technologies' stock price has risen by 7.66% on August 29, 2024, and is currently trading at a price 3.95% below its 52-week high. The stock has outperformed the sector by 7.31% and is trading above its moving averages. In comparison to Sensex, it has shown a 1-day performance of 8.84% and a 1-month increase of 13.94%.

InfoBeans Technologies, a smallcap IT software company, has seen a rise in its stock price by 7.66% on August 29, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO.

The company's stock is currently trading at a price that is 3.95% away from its 52-week high of Rs 511.05. It has also outperformed the sector by 7.31% in today's trading session. This marks the second consecutive day of gains for the stock, with a 9.03% increase in the last two days.

Intraday trading saw the stock reach a high of Rs 493, a 7.96% increase from its previous close. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, InfoBeans Technologies has outperformed with a 1-day performance of 8.84% versus Sensex's 0.46%. Over the past month, the company's stock has seen a 13.94% increase, while the Sensex has only seen a 0.99% increase.

Overall, InfoBeans Technologies has shown strong performance in the market, with a steady rise in its stock price. Investors may want to keep an eye on this smallcap IT software company for potential future growth.
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