G M Breweries' Stock Reaches All-Time High, Outperforms Sector and Sensex

G M Breweries, a smallcap company in the breweries and distilleries industry, has recently seen a surge in its stock price. On September 17, 2024, the company's stock reached an all-time high, with a closing price of Rs 1009.95. This is a significant milestone for the company, as it is only 0.69% away from its 52-week high.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for G M Breweries' stock is 'Hold'. The stock has also outperformed the sector by 0.89% and has been on a consecutive gain for the last two days, with a 12.83% increase in returns during this period. The stock also saw a high volatility today, with an intraday volatility of 63.58%.

G M Breweries' stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. In the past year, the company's stock has shown a remarkable growth of 92.40%, outperforming the Sensex's performance of 22.21%.

This growth can be attributed to the company's strong presence in the breweries and distilleries industry, as well as its consistent performance in the market. With its stock reaching an all-time high, G M Breweries is definitely a company to watch out for in the smallcap segment.