Marico Ltd. Reaches All-Time High, Signaling Strong Market Confidence and Performance

Marico Ltd., a midcap player in the edible oil industry, has shown significant activity today, reaching an all-time high of Rs 744.9, marking a 3.34% increase during intraday trading. The stock is currently just 0.3% shy of its 52-week high of Rs 745. Over the past five days, Marico has demonstrated a robust performance, gaining 4.99% and outperforming its sector by 1.26%.
In terms of broader performance metrics, Marico has consistently outperformed the Sensex across various time frames. Over the past day, the stock rose by 3.55%, compared to the Sensex's modest 0.25% increase. In the last week, Marico's performance stood at 5.05%, while the Sensex gained only 1.62%. The one-month and three-month performances also reflect Marico's strength, with returns of 3.64% and 5.80%, respectively.

Additionally, Marico is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Year-to-date, the stock has appreciated by 16.46%, significantly outpacing the Sensex's 4.75% gain. Over the last decade, Marico has delivered an impressive 251.93% return, further solidifying its position in the market.