Jyothy Labs . Surges to New High, Outperforms Sector and Sensex

Jyothy Labs ., a leading FMCG company, has been making waves in the stock market with its recent performance. On August 13, 2024, the company's stock gained 3.06%, closing at Rs. 593.1, which is also its new 52-week and all-time high. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

Jyothy Labs . has outperformed the sector by 2.2% and has been on a consecutive gain for the last 2 days, with a 5.94% increase in returns during this period. The stock also touched an intraday high of Rs. 593.1, showing a 5.35% increase. This strong performance can be attributed to the company's consistent growth and strong financials.

Moreover, Jyothy Labs . is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in the stock. This is a positive sign for investors and shows the company's strong market position.

In comparison to the Sensex, Jyothy Labs . has outperformed with a 1-day performance of 3.15% while the Sensex has shown a -0.12% performance. Similarly, in the last 1 month, Jyothy Labs . has outperformed the Sensex with a 19.19% increase compared to the Sensex's -1.20% performance.

With its consistent growth and strong financials, Jyothy Labs . is a promising investment option in the FMCG industry. Its recent performance and positive outlook make it a stock to watch out for in the market.