Gillette India's Stock Reaches All-Time High, Recognized by MarketsMOJO

Oct 31 2024 03:10 PM IST
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Gillette India Ltd., a leading FMCG company in India, has reached an all-time high in its stock price on October 31, 2024. The stock is currently trading close to its 52-week high, outperforming the sector by 1.29% and showing consecutive gains for the last 4 days. It has also consistently traded above its moving averages, indicating strong growth and stability. With a 1-year performance of 61.98%, Gillette India is a strong player in the FMCG industry and a potential long-term investment for investors.

Gillette India Ltd., a leading FMCG company in India, has recently reached an all-time high in its stock price on October 31, 2024. This positive trend has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock.

The stock is currently trading at a price that is only 1.3% away from its 52-week high of Rs 9897. This shows the strong performance of Gillette India in the market. In fact, the stock has outperformed the sector by 1.29% today and has been on a consecutive gain for the last 4 days, with a 18.99% increase in returns during this period.

Even on a day when the stock touched an intraday low of Rs 9475, it has managed to trade higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates the consistent growth and stability of Gillette India in the market.

In comparison to the Sensex performance of 24.33%, Gillette India has shown an impressive 1-year performance of 61.98%. This further highlights the strong position of the company in the FMCG industry.

With its consistent growth and positive market performance, Gillette India is definitely a stock to watch out for in the largecap category. Investors can consider adding this stock to their portfolio for potential long-term gains.
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