FDC Stock Sees 5.45% Increase and Outperforms Sector and Sensex on September 4th, 2024
On September 4th, 2024, FDC, a midcap pharmaceutical company, saw a 5.45% increase in its stock price, reaching a new 52-week and all-time high of Rs. 574.9. This positive trend was reflected in the stock call given by MarketsMojo, rating FDC as a 'Hold'. FDC also outperformed the sector by 4.74% and is currently trading higher than its moving averages, indicating a positive trend. In comparison to the Sensex, FDC's stock showed a 5.45% increase, outperforming the market. With consistent growth and positive performance, FDC is a promising player in the pharmaceutical industry.
FDC, a midcap pharmaceutical company, saw a 5.45% increase in its stock price on September 4th, 2024. This rise in stock value was reflected in the stock call given by MarketsMOJO, which rated FDC as a 'Hold'.
The company's stock hit a new 52-week and all-time high of Rs. 574.9 on the same day. FDC also outperformed the sector by 4.74% and reached an intraday high of Rs. 574.9, showing a 5.65% increase.
In terms of moving averages, FDC is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.
Compared to the performance of the Sensex, FDC's stock showed a 5.45% increase while the Sensex had a -0.34% performance on the same day. In the past month, FDC's stock has shown a 12.93% increase, outperforming the Sensex's 1.60% performance.
FDC's consistent growth and positive performance in the stock market make it a promising player in the pharmaceutical industry. With its midcap size, FDC has the potential to continue its upward trend and attract more investors in the future.
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