Gillette India Ltd. Rebounds 3.57% After Four-Day Decline, Outperforms Sector

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.