Marico Ltd. Experiences Revision in Stock Score Amidst Positive Market Performance in January 2025

Jan 09 2025 10:30 AM IST
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Marico Ltd. has seen a revision in its score following a notable increase in stock performance, rising after three days of decline. The company outperformed its sector and is currently trading above key moving averages, indicating a strong market position. Additionally, Marico has been added to MarketsMojo's list, highlighting its resilience amid broader market fluctuations.
Marico Ltd. Experiences Revision in Stock Score Amidst Positive Market Performance in January 2025
Marico Ltd., a key player in the fast-moving consumer goods (FMCG) sector, has recently seen a revision in its stock evaluation following a notable performance on January 9, 2025. The company experienced a significant increase of 3.13%, allowing it to outperform its sector by 1.63%. This upward movement is particularly noteworthy as it marks a trend reversal after three consecutive days of decline.
During the trading session, Marico reached an intraday high of Rs 656.55, showcasing a rise of 2.9%. The stock is currently positioned above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust standing in the market. In the context of broader market dynamics, Marico's one-day gain stands in contrast to the Sensex, which experienced a slight decline of 0.20%. Over the past month, Marico has demonstrated resilience with an impressive 8.37% increase, while the Sensex has seen a decrease of 4.31%. In light of these developments, Marico has been added to MarketsMOJO's list, reflecting a strategic recognition of its performance amidst fluctuating market conditions. The current stock evaluation for Marico suggests a cautious approach, aligning with the overall sentiment in the market.
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