Dodla Dairy Reaches All-Time High Price, Continues to Show Strong Performance in FMCG Sector

Jul 18 2024 12:55 PM IST
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Dodla Dairy, a leading FMCG company, has reached an all-time high price on July 18, 2024. Despite a slight decrease in today's trading, the stock is still trading higher than its moving averages, indicating a positive trend. With a strong performance in the past year, Dodla Dairy remains a promising player in the midcap sector.

Dodla Dairy, a leading FMCG company in the midcap sector, has recently reached an all-time high price on July 18, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, a leading financial analysis platform.

The stock is currently trading at a price that is 2.54% away from its 52-week high of Rs 1227.85. However, it has underperformed the sector by -2.16% in today's trading session. This could be due to the stock falling after four consecutive days of gains.

In today's trading, the stock touched an intraday low of Rs 1169.55, which is a decrease of -3.91% from its previous close. Despite this, Dodla Dairy is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the past year, Dodla Dairy has shown a strong performance with a 97.06% increase in its stock price, while the Sensex has only seen a 21.05% increase. This showcases the company's growth and potential in the FMCG sector.

Dodla Dairy has been making strides in the FMCG industry with its high-quality dairy products and efficient supply chain management. With its recent all-time high price and positive performance, the company continues to be a promising player in the midcap sector.
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