Dodla Dairy's Stock Sees Positive Trend, Outperforms Sector by 4.83%

Dodla Dairy, a leading FMCG company in the midcap segment, has seen a positive trend in its stock performance on November 8th, 2024. The stock gained 5.05%, outperforming the sector by 4.83%. This comes after four consecutive days of decline, indicating a possible trend reversal.

The stock also saw high volatility, with an intraday high of Rs 1223, representing a 5.13% increase from the previous day's closing price. This volatility was calculated from the weighted average price, showing a significant movement in the stock's value.

Dodla Dairy's moving averages are currently higher than the 5-day, 100-day, and 200-day moving averages, but lower than the 20-day and 50-day moving averages. This suggests a mixed trend in the stock's performance.

In comparison to the Sensex, Dodla Dairy's stock has outperformed with a 1-day performance of 5.97% while the Sensex saw a decline of 0.18%. Similarly, in the past month, Dodla Dairy's stock has shown a 6.40% increase while the Sensex has declined by 2.74%.

MarketsMOJO has given a 'Hold' call for Dodla Dairy's stock, indicating a neutral stance on the company's performance. With its strong presence in the FMCG industry and positive stock performance, Dodla Dairy continues to be a promising player in the midcap segment.