G M Breweries Soars 7.77% to Day High of Rs 1166.6 Amid Strong Recovery
G M Breweries experienced notable trading activity, reaching an intraday high and showing a significant increase after an initial dip. The stock is currently near its 52-week high and has outperformed the Sensex over the past week, reflecting strong growth over both three and five-year periods.
G M Breweries has shown significant activity today, gaining 7.77% as it reached an intraday high of Rs 1166.6, reflecting a 7.06% increase. This performance comes after the stock opened lower, down 2.33%, but quickly rebounded to outperform its sector by 6.08%. Currently, G M Breweries is trading close to its 52-week high, just 3.81% away from Rs 1203.9.In terms of moving averages, G M Breweries is positioned favorably, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has surged by 30.68%, significantly outpacing the Sensex, which has only gained 1.57% during the same period.
Looking at longer-term performance, G M Breweries has demonstrated impressive growth, with a 145.15% increase over the past three years and a remarkable 287.44% rise over the last five years. This consistent upward trend highlights the stock's strong market position within the beverages industry.
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