Godrej Agrovet sees 5.4% stock price increase, outperforms sector and Sensex

Godrej Agrovet ., a leading FMCG company in the midcap sector, has seen a 5.4% increase in its stock price on September 2nd, 2024. This growth has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

The stock is currently trading close to its 52-week high of Rs 877.85, with a difference of only 4.67%. This shows a strong performance by Godrej Agrovet in the market. In fact, the stock has outperformed the sector by 6.73% today, reaching an intraday high of Rs 839.25, which is a 6.98% increase.

Moreover, Godrej Agrovet is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market.

In comparison to the overall performance of the Sensex, Godrej Agrovet has shown a significant growth of 6.76% in just one day, while the Sensex has only grown by 0.24%. Similarly, in the past month, Godrej Agrovet has outperformed the Sensex by 1.74% with a growth of 1.95%.

With such strong performance and positive indicators, Godrej Agrovet continues to be a promising player in the FMCG industry. Investors can keep a close eye on the stock and make informed decisions based on their individual risk appetite.