Parag Milk Foods Hits Day High with 13.96% Intraday Surge

Parag Milk Foods has experienced significant activity today, gaining 12.73% and reaching a new 52-week high of Rs. 358. This marks a notable intraday increase of 13.96%, reflecting strong momentum in the stock's performance. The company has outperformed its sector by 13.81%, showcasing its robust position within the FMCG industry.
The stock opened with a gain of 2.5% and has shown consecutive gains over the past two days, accumulating a total return of 14.1% during this period. Parag Milk Foods has demonstrated high volatility today, with an intraday volatility of 6.87%, indicating active trading.

In terms of moving averages, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. Over the past month, Parag Milk Foods has delivered a remarkable 29.60% return, significantly outpacing the Sensex, which has only gained 2.25% in the same timeframe. Overall, the stock's performance metrics highlight its strong market position and recent upward trajectory.