Globus Spirits Hits 52-Week High, Outperforms Sector and Sensex with Positive Trend

Sep 02 2024 09:43 AM IST
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Globus Spirits, a smallcap company in the breweries industry, reached a 52-week high on September 2nd, 2024, with a 'Hold' call from MarketsMojo. The stock has outperformed the sector by 4.02% and has seen consecutive gains for the past 2 days. It is currently trading above its moving averages, indicating a positive trend.

Globus Spirits, a smallcap company in the breweries industry, has recently hit a 52-week high on September 2nd, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO.

On September 2nd, the stock reached a new high of Rs. 1153.8, outperforming the sector by 4.02%. It has also seen consecutive gains for the past 2 days, with a return of 25.83% during this period. However, the stock opened with a loss of -2.09% today and has been highly volatile with an intraday volatility of 7.93%.

Globus Spirits is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock.

In comparison to the Sensex performance of 26.33%, Globus Spirits has shown a 1-year performance of 25.58%. This showcases the company's strong performance in the market.

Overall, Globus Spirits has been performing well and has shown a positive trend in the past year. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this smallcap company in the breweries industry.
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