Globus Spirits Hits 52-Week High, Rated 'Hold' by MarketsMOJO
Globus Spirits, a smallcap company in the breweries industry, has hit a 52-week high on August 30, 2024, with a current price of Rs. 1019.45. The stock has shown a strong performance, opening with a gain of 3.38% and reaching an intraday high of Rs. 1019.45. According to MarketsMojo, the stock is currently rated as 'Hold' and is trading higher than its moving averages. While it has not performed as well as the overall market, Globus Spirits is a company to watch in the breweries industry.
Globus Spirits, a smallcap company in the breweries industry, has recently hit a 52-week high on August 30, 2024. The stock has been performing well, with a current price of Rs. 1019.45, which is an increase of 12.57% compared to the sector. The stock opened with a gain of 3.38% today and reached an intraday high of Rs. 1019.45, showing a strong performance.
According to MarketsMOJO, a leading stock market analysis platform, the stock is currently rated as 'Hold'. This indicates that while the stock is performing well, it may not be the best time to buy or sell. However, the stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.
In the past year, Globus Spirits has shown a growth of 12.13%, while the Sensex has performed at 26.48%. This indicates that the company has not performed as well as the overall market, but it has still shown a decent growth. With its strong performance and positive ratings, Globus Spirits is definitely a company to keep an eye on in the breweries industry.
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