Zomato's Stock Sees 3.11% Increase, Outperforms Sector and Sensex

Nov 11 2024 01:35 PM IST
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Zomato, a leading IT software company, saw a 3.11% increase in its stock on November 11, 2024. The stock has been given a 'Hold' call by MarketsMojo. Zomato's stock outperformed the sector by 1.53% and its moving averages are higher than the 5-day, 100-day, and 200-day averages. Its 1-day performance was 3.25% compared to Sensex's 0.31%. Zomato's consistent performance and strong presence in the IT software industry make it a top player in the largecap market.

Zomato, a leading IT software company in the largecap industry, saw a 3.11% increase in its stock on November 11, 2024. The stock has been given a 'Hold' call by MarketsMOJO, a leading financial analysis platform.

The stock's performance today has outperformed the sector by 1.53%, with the stock reaching an intraday high of Rs 256.9 (3.13%) and an intraday low of Rs 244 (-2.05%). The stock's moving averages are currently higher than the 5-day, 100-day, and 200-day moving averages, but lower than the 20-day and 50-day moving averages.

In comparison to the Sensex, Zomato's 1-day performance was 3.25%, while the Sensex's performance was only 0.31%. Over the past month, Zomato's performance has been -7.32%, while the Sensex's performance was -2.02%.

Zomato's consistent performance and strong presence in the IT software industry has made it a top player in the largecap market. With its stock showing positive growth and a 'Hold' call from MarketsMOJO, Zomato continues to be a promising company for investors.
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