Gillette India Ltd. sees positive growth in stock price, outperforms market sector

Oct 29 2024 09:35 AM IST
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Gillette India Ltd., a leading FMCG company in India, saw a 5.07% increase in its stock price on October 29, 2024, currently trading at Rs 9537.7. The stock has been outperforming the sector and market, with a total return of 11.75% in the last two days. It is currently trading above its moving averages, indicating a positive trend.

Gillette India Ltd., a leading FMCG company in India, has seen a positive growth in its stock price on October 29, 2024. The stock has gained 5.07% and is currently trading at Rs 9537.7, which is 4.08% away from its 52-week high of Rs 9550. This performance has been deemed as 'Hold' by MarketsMOJO.

In today's trading session, Gillette India has outperformed the sector by 5.39% and has been gaining for the last two consecutive days, with a total return of 11.75% in this period. The stock opened with a gain of 3.06% and touched an intraday high of Rs 9537.7, which is a significant increase of 9.22%.

Gillette India is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.

In comparison to the overall market performance, Gillette India has outperformed the Sensex by 7.74% in the last 1 day and by 10.89% in the last 1 month. This shows a strong performance by the company despite the market's negative trend.

Gillette India Ltd. is a largecap company in the FMCG industry and has been consistently performing well in the market. With its current positive growth and strong performance, it is a stock to watch out for in the coming days.
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