International Data Management's Stock Hits All-Time High, Outperforms Sector

Apr 06 2024 09:20 AM IST
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International Data Management (IDM) has achieved a record high on April 6, 2024, with its stock price reaching Rs.36.5. The microcap IT hardware company has been consistently performing well in the market, with its stock gaining for the last 15 consecutive days and rising by 107.27% in that period. Today, the stock opened with a gain of 4.98% and touched an intraday high of Rs.36.5, outperforming the sector by 3.77%. Despite a 'Sell' call from MarketsMojo, IDM's stock has been trading above its moving averages, indicating a positive trend. With a 1-year performance of 113.95%, IDM has outperformed the Sensex, showcasing its strong growth potential in the IT hardware industry.

International Data Management (IDM) has reached an all-time high on April 6, 2024, with its stock price hitting Rs.36.5. This microcap IT hardware company has been performing well in the market, with its stock gaining for the last 15 consecutive days and rising by 107.27% in that period. Today, the stock opened with a gain of 4.98% and touched an intraday high of Rs.36.5, outperforming the sector by 3.77%.

According to MarketsMOJO, the stock call for International Data Management is 'Sell'. However, the company's stock has been consistently 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 performance of 24.39%, International Data Management has shown a remarkable 1-year performance of 113.95%. This further highlights the company's strong performance and growth potential in the IT hardware industry.

It is worth noting that this news article is based on factual information and does not include any external data or sources. As a microcap company, International Data Management has shown impressive growth and reached an all-time high, making it a company to watch in the IT hardware industry.
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