Pidilite Industries Hits 52-Week High, Continues Strong Performance in FMCG Sector

Jun 05 2024 10:05 AM IST
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Pidilite Industries, a leading FMCG company, reached a 52-week high on June 5th, 2024, with a current stock price of Rs. 3143. The company has been performing well in the market, with a 5.95% increase in returns in the last 3 days. It is also trading higher than its moving averages and has shown a strong 1-year performance of 19.62%. The FMCG sector has also seen a gain of 4.48%, further highlighting the positive trend. With its consistent growth and strong performance, Pidilite Industries remains a top player in the industry.

Pidilite Industries, a leading FMCG company, has recently hit a 52-week high on June 5th, 2024. The stock has been performing well in the market, with a 'Hold' call by MarketsMOJO. The current price of the stock is Rs. 3143, which is also an all-time high for the company.

In terms of performance, Pidilite Industries has been inline with the FMCG sector and has been gaining for the last 3 days, with a 5.95% increase in returns. The stock also touched an intraday high of Rs. 3143, showing a 2.84% increase. Pidilite Industries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The FMCG sector has also seen a gain of 4.48%, further highlighting the positive trend in the market. In comparison to the Sensex performance of 14.87%, Pidilite Industries has shown a strong 1-year performance of 19.62%.

With its consistent growth and strong performance, Pidilite Industries continues to be a top player in the FMCG industry. Investors can keep a 'Hold' position on the stock, as recommended by MarketsMOJO. Pidilite Industries is a largecap company, making it a reliable and stable investment option for those looking to diversify their portfolio.
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