Sheetal Cool Products' Stock Price Reaches 52-Week High, Outperforms Sector and Sensex

Sheetal Cool Products, a microcap FMCG company, has recently seen a surge in its stock price, reaching a 52-week high of Rs. 513 on May 22, 2024. This has caught the attention of investors and market analysts, with MarketsMOJO giving a 'Hold' rating for the stock.

The stock has outperformed the sector by 6.93% and has been on a consecutive gain for the past 2 days, with a 9.87% increase in returns during this period. It has also shown high volatility, with an intraday volatility of 6.65%.

On the day of the price surge, the stock touched an intraday high of Rs. 513, a 10.57% increase from the previous day's close. However, it also touched an intraday low of Rs. 451.15, showing a 2.76% decrease from the previous day's close.

Sheetal Cool Products is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex performance of 19.78%, Sheetal Cool Products has shown a 1-year performance of 11.95%. This showcases the company's steady growth in the FMCG industry.

With its recent surge in stock price and positive performance, Sheetal Cool Products is definitely a company to watch out for in the microcap FMCG sector.