Modern Dairies' Stock Reaches 52-Week High, Outperforms Sector by 3.09%
Modern Dairies, a microcap company in the FMCG industry, has been in the spotlight as its stock price hit a 52-week high on July 5th, 2024. The stock has been performing well, outperforming the sector by 3.09% and gaining 17.21% in the last 3 days. With a 'Hold' call from MarketsMojo and consistently strong performance, Modern Dairies is a company to watch in the FMCG industry.
Modern Dairies, a microcap company in the FMCG industry, has been making headlines recently as its stock price reached a 52-week high on July 5th, 2024. The stock has been performing well, outperforming the sector by 3.09% and gaining 17.21% in the last 3 days alone.
According to MarketsMOJO, a leading stock market analysis and recommendation platform, the current call for Modern Dairies' stock is 'Hold'. This is based on the company's strong performance and consistent gains in the past few days.
On July 5th, the stock hit a new 52-week high of Rs.59, which is a significant increase from its previous high of Rs.50. The stock also outperformed the sector by 3.09%, indicating a positive trend for the company.
Modern Dairies' stock has been consistently gaining for the last 3 days and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This is a positive sign for investors and shows the company's strong performance in the market.
In the past year, Modern Dairies has shown an impressive growth of 174.39%, outperforming the Sensex's performance of 21.58%. This further highlights the company's potential and strong performance in the FMCG industry.
Overall, Modern Dairies' stock has been on an upward trend, reaching a 52-week high and consistently outperforming the sector. With a 'Hold' call from MarketsMOJO and strong performance in the past year, Modern Dairies is definitely a company to watch out for in the FMCG industry.
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