Gillette India's Stock Hits New High Amid Strong Market Performance and Financial Strength

Gillette India has made headlines today as its stock price reached a new 52-week high of Rs. 10,791.35, marking a significant milestone for the company. This achievement comes amidst a strong performance in the broader market, with the Sensex rising sharply by 689.24 points to 83,572.16, reflecting a bullish sentiment among large-cap stocks.
Over the past four days, Gillette India has shown impressive momentum, gaining 8.6% during this period and outperforming its sector by 2.57%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

In terms of financial health, Gillette India boasts a high return on equity (ROE) of 38.51% and a remarkable return on capital employed (ROCE) of 70.52%. The company has maintained a low debt-to-equity ratio, further solidifying its strong management efficiency. Additionally, it has reported positive results for six consecutive quarters, with the latest quarterly operating profit reaching Rs. 225.76 crore.

With a one-year performance of 44.90%, significantly outpacing the Sensex's 6.19%, Gillette India continues to demonstrate its market leadership in the FMCG sector.