Parag Milk Foods Shows Strong Short-Term Performance Amid Broader Market Gains

Parag Milk Foods has shown significant activity today, gaining 7.93% as of May 5, 2025. The stock has outperformed its sector by 5.48%, marking a positive trend over the past two days with an overall return of 8.02%. It opened with a notable gain of 3.61% and reached an intraday high of Rs 196.1, reflecting a 7.28% increase at its peak.
In terms of moving averages, Parag Milk Foods is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong short-term performance relative to its historical averages.

In the broader market context, the Sensex has also been on an upward trajectory, rising 0.53% today after a positive opening. The index has gained 7.68% over the past three weeks, with mid-cap stocks leading the market. While Parag Milk Foods has experienced a decline of 6.95% over the past year, its performance over the last three and five years remains robust, with increases of 99.85% and 121.49%, respectively.