Midcap IT Company CMS Info Systems Hits All-Time High, Outperforms Sensex

CMS Info Systems, a midcap IT software company, has recently reached an all-time high in its stock price on October 1st, 2024. This positive news has been welcomed by investors and analysts alike, with MarketsMOJO giving a 'Buy' call for the stock.

The stock has shown strong performance today, in line with the overall sector. It hit a new 52-week high of Rs.605, which is also its all-time high. The stock has also been highly volatile, with an intraday volatility of 55.15%, calculated from the weighted average price.

In terms of moving averages, CMS Info Systems is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a bullish trend for the stock.

In the past year, CMS Info Systems has outperformed the Sensex with a 70.79% increase in its stock price, compared to the Sensex's 28.51% performance. This showcases the company's strong growth and potential in the IT software industry.

With its recent all-time high and positive performance, CMS Info Systems is definitely a stock to watch out for in the midcap IT software sector. Investors can consider adding it to their portfolio for potential growth and returns.