Dodla Dairy's Stock Performance Soars, Receives 'Hold' Call from MarketsMOJO

Oct 11 2024 12:05 PM IST
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Dodla Dairy, a leading FMCG company in the midcap segment, saw a 5.51% increase in its stock on October 11, 2024, outperforming the sector by 5.44%. This has been a consecutive rise for the past four days, with an overall 9.74% increase. The stock is currently trading above its moving averages and has outperformed the Sensex in both 1-day and 1-month performances. This can be attributed to the company's strong presence in the FMCG industry and consistent growth in the midcap segment. MarketsMojo has given a 'Hold' call for the stock.

Dodla Dairy, a leading FMCG company in the midcap segment, has seen a positive trend in its stock performance on October 11, 2024. The stock gained 5.51% on this day, outperforming the sector by 5.44%. This has led to a 'Hold' call by MarketsMOJO for the stock.

In the past four days, Dodla Dairy's stock has been on a consecutive rise, with a 9.74% increase in returns. On October 11, the stock touched an intraday high of Rs 1252.35, showing a 5.73% increase. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, Dodla Dairy's stock has outperformed with a 1-day performance of 5.45% while the Sensex has shown a -0.29% performance. Similarly, in the past month, Dodla Dairy's stock has shown a 1.41% increase while the Sensex has shown a -0.18% performance.

This positive trend in Dodla Dairy's stock performance can be attributed to the company's strong presence in the FMCG industry and its consistent growth in the midcap segment. With a 'Hold' call from MarketsMOJO, investors can keep a close eye on the stock's performance in the coming days.
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