Bajaj Consumer Care Hits 52-Week High, Outperforms Sector with Steady Growth

Bajaj Consumer Care, a smallcap FMCG company, has recently hit a 52-week high on September 4th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On September 4th, the stock reached a new high of Rs. 288.7, outperforming the sector by 2.74%. It has also been on a consecutive gain for the last 3 days, with a 8.6% increase in returns during this period. However, the stock opened with a loss of -3.21% today, indicating some volatility in the market.

The intraday high for the stock was Rs. 288.7, while the intraday low was Rs. 271.4. Bajaj Consumer Care is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In terms of performance, Bajaj Consumer Care has shown a 13.14% increase in the last year, while the Sensex has performed at 24.97%. This shows that the company has been able to maintain a steady growth rate in a competitive market.

Bajaj Consumer Care is a smallcap company in the FMCG industry, and its recent 52-week high is a testament to its strong performance in the market. With a 'Hold' call from MarketsMOJO, investors can keep an eye on this stock for potential opportunities.