Dodla Dairy Faces Short-Term Decline Amid Strong Long-Term Performance Trends

Dodla Dairy, a midcap player in the FMCG sector, has experienced a notable decline today, with its stock price dropping by 5.31%. This performance comes as the broader market, represented by the Sensex, shows a positive trend, currently trading up by 0.39%. Despite today's downturn, Dodla Dairy has demonstrated resilience over longer periods, with a year-to-date performance of 7.42%, outperforming the Sensex's 5.03% during the same timeframe.
The stock has been on a downward trajectory for the past two days, accumulating a total decline of 5.88%. It reached an intraday low of Rs 1369.05 today. In terms of moving averages, Dodla Dairy's stock is currently above the 50-day, 100-day, and 200-day moving averages, although it is below the 5-day and 20-day averages, indicating mixed short-term momentum.

Over the past three months, Dodla Dairy has shown a robust performance with an 18.14% increase, significantly outpacing the Sensex's 3.35% rise. Additionally, the company has achieved a remarkable 177.99% growth over the past three years, highlighting its strong position in the market despite recent fluctuations.