Lotus Chocolate Company Hits 52-Week High, Outperforms Sector with Impressive Returns
Lotus Chocolate Company, a smallcap FMCG company, has reached a 52-week high on August 23, 2024, with a 'Hold' call from MarketsMojo. The stock has outperformed the sector by 4.8% and has been on a consecutive upward trend for 21 days, with a remarkable 177.84% increase in returns. It is currently trading higher than its moving averages and has shown an impressive performance of 712.58% in the past year.
Lotus Chocolate Company, a smallcap FMCG company, has recently hit a 52-week high on August 23, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO. Today, the stock has outperformed the sector by 4.8% and opened with a gain of 5%.
The stock has been on a consecutive upward trend for the past 21 days, with a remarkable 177.84% increase in returns during this period. It has also touched an intraday high of Rs 2484.45, which is a 5% increase from its opening price. The stock has been trading at a steady price of Rs 2484.45 since its opening.
Lotus Chocolate Company is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company has shown an impressive performance of 712.58%, while the Sensex has only seen a 23.85% increase.
With its recent 52-week high and consistent upward trend, Lotus Chocolate Company is proving to be a strong player in the FMCG industry. Investors can keep an eye on this stock for potential growth opportunities.
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