Southern Infosys Hits 52-Week High, Outperforms Sector with 41.88% Return

Southern Infosys, a microcap IT software company, has recently hit a 52-week high on July 15, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On July 15, the stock reached a new high of Rs. 28.66, outperforming the sector by 4.22%. This marks the eighth consecutive day of gains for Southern Infosys, with a total return of 41.88% during this period. The stock also opened with a gain of 4.98% today and touched an intraday high of Rs. 28.66.

It is worth noting that the stock has been consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.

In comparison to the Sensex, Southern Infosys has shown a remarkable 1-year performance of 100.70%, while the Sensex has only seen a 22.08% increase during the same period.

Southern Infosys is a microcap company in the IT software industry, and its recent surge in stock price reflects its strong performance in the market. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this company as it continues to make strides in the industry.