G M Breweries Hits 52-Week High, Outperforms Sector and Shows Strong Performance

G M Breweries, a smallcap company in the breweries industry, has recently hit a 52-week high with its stock price reaching Rs. 847 on July 3rd, 2024. The stock has been performing well in the market, outperforming the sector by 4.41% and gaining 31.95% in the last 3 days.

Today, the stock opened with a gain of 3% and reached an intraday high of Rs. 847, showing a high level of volatility with an intraday volatility of 103.86%. This is calculated from the weighted average price, indicating a significant movement in the stock's price.

G M Breweries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors. The company's stock has also shown a strong performance in the past year, with a 79.67% increase compared to the Sensex's 22.54% performance.

MarketsMOJO has given a 'Hold' call for G M Breweries, suggesting that investors hold onto their current positions in the stock. This news is sure to bring a sense of relief to shareholders and potential investors, as it indicates a positive outlook for the company in the near future.