Parag Milk Foods' Stock Sees 7.16% Increase, MarketsMOJO Issues 'Sell' Call

Parag Milk Foods, a smallcap FMCG company, saw a 7.16% increase in its stock price on October 3rd, 2024. This outperformance was noted by MarketsMOJO, who have given a 'Sell' call for the stock.

The stock opened with a loss of -3.24% today, but managed to touch an intraday high of Rs 214.4 (6.91%) and an intraday low of Rs 194.05 (-3.24%). This shows a volatile trading day for Parag Milk Foods.

In the last 5 days, the stock has been on a consecutive gain streak, rising by 19.42%. This is a positive sign for investors, as the stock is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, Parag Milk Foods has outperformed with a 1 day performance of 7.40% versus Sensex's -1.11%. Over the last month, the stock has also outperformed the Sensex with a 12.69% increase compared to Sensex's 0.94% rise.

Parag Milk Foods is a smallcap FMCG company, which has shown strong performance in the recent past. However, MarketsMOJO has given a 'Sell' call for the stock, indicating a cautious approach for investors. It is important for investors to do their own research and make informed decisions before investing in any stock.