Lotus Chocolate Company Ltd Achieves Significant Gains Amid Strong Buying Activity
Notably, Lotus Chocolate has experienced consecutive gains for the last three days, accumulating a total return of 15.75% during this period. The stock opened today with a gap up of 5% at Rs 1173.6 and reached an intraday high of Rs 1173.6, maintaining this price throughout the trading session.
In terms of moving averages, the stock is currently above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. This performance indicates a strong upward trend in the short to medium term, potentially driven by positive market sentiment or company-specific developments within the FMCG sector.
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