Parag Milk Foods Achieves 52-Week High Amid Strong Small-Cap Market Performance

Parag Milk Foods has made headlines today as its stock price reached a new 52-week high of Rs. 247.45, marking a significant milestone for the small-cap FMCG company. This achievement comes after a strong performance over the past three days, during which the stock has gained 7.4%. Notably, Parag Milk Foods has outperformed its sector by 2.5% today, reflecting its robust market position.
The stock's intraday high of Rs. 247.45 represents a 4.08% increase, indicating positive momentum. Additionally, Parag Milk Foods is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its performance metrics.

In the broader market context, the Sensex has experienced a slight decline, currently trading at 82,561.10, down by 0.09%. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.47%. Over the past year, Parag Milk Foods has delivered a commendable return of 21.31%, significantly outperforming the Sensex, which has seen a return of just 2.29%. The stock's 52-week low stands at Rs. 135.1, highlighting its impressive recovery and growth trajectory.