Softsol India Hits 52-Week High, Outperforms Sector with 26.3% Returns
Softsol India, a microcap IT software company, has reached a 52-week high on October 4th, 2024. The stock has been performing well, with a 26.3% increase in returns and consistently trading above its moving averages. It has outperformed the sector by 4.71% and has shown a remarkable 1-year performance of 165.03% compared to the Sensex.
Softsol India, a microcap IT software company, has recently hit a 52-week high on October 4th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO. The current price of the stock is Rs. 514.15, which is also an all-time high for the company.
In today's trading session, Softsol India has outperformed the sector by 4.71%, showing a consecutive gain for the last 6 days. This has resulted in a 26.3% increase in returns for the company. The stock opened with a gain of 4.99% and touched an intraday high of Rs. 514.15.
One notable aspect of Softsol India's performance is that the stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company in the market.
In comparison to the Sensex, Softsol India has shown a remarkable 1-year performance of 165.03%, while the Sensex has only seen a 26.25% increase. This further highlights the strong performance of the company in the IT software industry.
Softsol India's recent 52-week high is a testament to the company's growth and success in the market. With a 'Hold' call from MarketsMOJO and a strong performance in the past year, Softsol India is definitely a company to watch out for in the IT software industry.
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