Dodla Dairy's Stock Reaches All-Time High
Dodla Dairy, a leading FMCG company, has seen a surge in its stock price, reaching an all-time high of Rs.914.7 on December 22, 2023. The stock has been performing well, outperforming the sector by 5.16% and trading higher than its moving averages. With a remarkable 1-year performance of 76.54%, the company shows strong growth and potential in the FMCG industry.
Dodla Dairy, a leading FMCG company in the midcap segment, has recently seen a surge in its stock price. On December 22, 2023, the company's stock price reached an all-time high of Rs.914.7, breaking its previous 52-week high.
According to MarketsMOJO, a leading stock market analysis platform, the current recommendation for Dodla Dairy's stock is 'Hold'. However, the company's stock has been performing well, outperforming the sector by 5.16% on the day of the price surge. This marks the second consecutive day of gains for the stock, with a 6.6% increase in returns.
The stock opened with a gain of 2% today and reached an intraday high of Rs.914.7, a significant increase of 9.62%. Dodla Dairy's stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance.
In comparison to the Sensex, Dodla Dairy's stock has shown a remarkable 1-year performance of 76.54%, while the Sensex has only seen a 16.85% increase. This highlights the company's strong growth and potential in the FMCG industry.
Overall, Dodla Dairy's stock has been on a positive trajectory, reaching an all-time high and outperforming the sector. With its consistent growth and strong performance, the company continues to be a promising player in the midcap segment of the FMCG industry.
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