Modern Dairies' Stock Hits 52-Week High, Outperforms Sector by 2.01%

Modern Dairies, a microcap company in the FMCG industry, has recently seen a surge in its stock price, reaching a 52-week high on July 8th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On July 8th, the stock hit a high of Rs.61.2, outperforming the sector by 2.01%. This marks the fourth consecutive day of gains for Modern Dairies, with a 21.93% increase in returns during this period. The stock also reached an intraday high of Rs.61.2, showing a 3.41% increase.

In terms of moving averages, Modern Dairies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In comparison to the Sensex, Modern Dairies has shown a remarkable 1-year performance of 179.48%, while the Sensex has only seen a 22.55% increase. This showcases the company's strong growth and potential in the market.

Modern Dairies, with its consistent gains and positive performance, is a promising player in the FMCG industry. Investors may want to keep an eye on this microcap company as it continues to make strides in the market.