Godrej Consumer Products Ltd sees 3.29% rise in stock price, outperforms FMCG sector
On November 25, 2024, Godrej Consumer Products Ltd's stock price rose by 3.29%, in line with the FMCG sector's performance. The stock has been consistently gaining for the past two days, reaching an intraday high of Rs 1231. However, it is currently higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed trend in the short term and a bearish trend in the long term. Despite this, the company has outperformed the Sensex by 3.28% in the last 1 day and remains a strong player in the market.
Godrej Consumer Products Ltd, a leading FMCG company in India, saw a rise in its stock price by 3.29% on November 25, 2024. This increase was in line with the overall performance of the FMCG sector, as the company outperformed the sector by 1.55%.
The stock has been on a consecutive gain for the last two days, with a total increase of 4.48% during this period. On the day of November 25, the stock reached an intraday high of Rs 1231, showing a 3.45% increase.
In terms of moving averages, the stock is currently higher than the 5-day moving average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a mixed trend in the short term, but a bearish trend in the long term.
In comparison to the overall market performance, Godrej Consumer Products Ltd has outperformed the Sensex by 3.28% in the last 1 day and has underperformed by -4.98% in the last 1 month.
As a largecap company in the FMCG industry, Godrej Consumer Products Ltd continues to show steady growth and remains a strong player in the market. Investors should keep an eye on the company's performance in the coming days.
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