Emami Ltd. sees 3.15% stock gain, outperforms sector by 2.56%
Emami Ltd., a leading FMCG company in India, has shown a positive trend in its stock performance on November 29, 2024. The stock has gained 3.15%, outperforming the sector by 2.56%. It has also been on a consecutive rise for the last 2 days, with a strong upward movement and higher than its moving averages. Emami Ltd. has outperformed the Sensex in the last 1 day and 1 month, showcasing its strong performance in the market.
Emami Ltd., a leading FMCG company in India, has seen a positive trend in its stock performance on November 29, 2024. The stock has gained 3.15%, outperforming the sector by 2.56%. This has led to a 'Hold' call by MarketsMOJO for investors.
The stock has been on a consecutive gain for the last 2 days, with a rise of 4.33% in this period. It also touched an intraday high of Rs 687.1, showing a strong upward movement. Emami Ltd.'s stock price is currently higher than its 5-day, 20-day, and 200-day moving averages, indicating a positive trend. However, it is lower than its 50-day and 100-day moving averages.
In comparison to the overall market performance, Emami Ltd. has outperformed the Sensex by 2.91% in the last 1 day and 5.32% in the last 1 month. This shows a strong performance by the company, despite the Sensex's negative performance of -0.73% in the same period.
Emami Ltd. is a largecap company in the FMCG industry, known for its popular brands such as Zandu, Navratna, and Fair and Handsome. With its consistent growth and positive stock performance, Emami Ltd. continues to be a strong player in the market.
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