Gillette India Ltd. Rebounds 3.57% After Four-Day Decline, Outperforms Sector
Gillette India Ltd. has seen a revision in its score following a notable performance on December 24, 2024, where it rebounded after several days of decline. The stock has been added to MarketsMojo's list, reflecting its resilience and relative strength compared to its sector and broader market trends.
Despite a challenging month, Gillette India outperformed its sector and maintains a stable outlook, supported by its position above key moving averages.
Gillette India Ltd. has shown a notable performance on December 24, 2024, with a gain of 3.57%, outperforming its sector by 2.32%. This uptick comes after a period of decline, marking a trend reversal following four consecutive days of losses. The stock opened the day with a dip of 2.18%, reaching an intraday low of Rs 8860 before rebounding to a high of Rs 9323.9, reflecting a 2.95% increase during the trading session.In terms of moving averages, Gillette India’s stock is currently positioned higher than the 100-day and 200-day averages, yet it remains below the 5-day, 20-day, and 50-day averages. Over the past month, the stock has recorded a modest gain of 0.65%, contrasting with the Sensex, which has seen a decline of 0.44%. The recent performance highlights Gillette India's resilience in the fast-moving consumer goods sector, showcasing its ability to navigate market fluctuations effectively.
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