Marico Ltd. Reaches 52-Week High and Receives 'Buy' Call from MarketsMOJO

Marico Ltd., a leading FMCG company, has recently reached a new milestone as its stock price touched a 52-week high on September 27, 2024. This positive development has been met with a 'Buy' call from MarketsMOJO, a renowned stock market analysis platform.

The stock has been performing exceptionally well, outperforming the sector by 2.59% today. It has also shown a consecutive gain for the last two days, with a 3.07% increase in returns during this period. The day's high for the stock was Rs. 710.3, a 2.39% increase from the previous day.

Marico's strong performance can also be seen in its moving averages, as it is currently trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex, Marico has shown a 21.36% increase in performance over the past year, while the Sensex has only seen a 29.87% increase. This further highlights Marico's strong position in the FMCG industry.

With its consistent growth and positive performance, Marico continues to be a top player in the FMCG sector. Investors can look forward to a promising future for the company as it continues to reach new heights in the stock market.