Tera Software Ltd (NSE: TERASOFT): The stock market experienced an enormous drop during the week of trading and the decline is likely to increase.
Stocks of many companies closed in the negative. In the same way, penny stocks have provided excellent returns to investors who have taken the risk.
While the investment in penny stock is risky they can make profits. One example of a penny stock can be Tera Software.
The stock reached its 52-week peak on Friday. In addition, it has also delivered investors a plethora of returns in only 6 months.
A New 52-week High Was Created On Friday
The share of microcap software firm Tera Software registered a rise of over 13 percent throughout Friday after that it hit its latest 52-week record.
On Friday, the share ended at 116 rupees in the upward direction, which is an increase of 13.75 percent or around 14 from the previous closing price of Rs 101.98.
The same time it reached the 52-week high for the first time, getting to the price of Rs 121. The increase in share was announced following the presentation of its results from its second quarter for the financial year 2025.
145 Percent Return In 6 Months
The week before the weekly gain of Terra Software’s share was 45 percent. However, in a single month, they’ve risen by 36 percent.
For the past six months, it has offered investors multibagger gains. The share was traded for 47.30 rupees on May 10, 2024.
On 8 November 2024, it was closing at Rs 116, with an increase of 145 percent. However, in the space of one calendar year ago, the stock has risen at a rate of 167 percent.
Rise Is Expected Due To This
The 52-week peak of Terra Software is Rs 121 and the 52-week low is Rs 42.75. Its profit-to-earnings (P/E) ratio of 26.91 indicates that investors will continue to invest in this company in the near future, and it could increase.
The market capitalization for this company is Rs 145.86 crore. In this situation, there are buyers actively involved in this penny stock, and there is a good chance of them staying active in the near future too.
Quick Fact
| Company name | Tera Software |
|---|---|
| Last 52-week high date | Friday |
| Latest 52-week high | ₹121 |
| Closing price on Friday | ₹116 |
| Friday gain % | 13% |
| Q2 results impact | Share rise |
| 6-month return | 145% |
| Weekly return | 45% |
| Monthly return | 36% |
| 1-year return | 167% |
| P/E ratio | 26.91 |
| Market cap | ₹145.86 crore |
| Possible target increase | Due to active buying |
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