Sheetal Cool Products Surges to 52-Week High, Outperforms Sector and Moving Averages

Sheetal Cool Products, a microcap FMCG company, has recently seen a surge in its stock price, reaching a 52-week high on July 15, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On July 15, the stock hit a new high of Rs.633.9, outperforming the sector by 2.89%. It has also been on a consecutive gain for the last 4 days, with a 13.29% increase in returns during this period. The stock opened with a gain of 2.37% today and reached an intraday high of Rs.633.9, a 3.97% increase.

In terms of moving averages, Sheetal Cool is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In the past year, Sheetal Cool Products has shown a strong performance, with a 53.82% increase in its stock price, compared to the Sensex's 22.16% performance. This showcases the company's growth and potential in the FMCG industry.

As a microcap company, Sheetal Cool Products may not be as well-known as some of its larger counterparts, but its recent stock performance and positive outlook from MarketsMOJO suggest that it is a company worth keeping an eye on. With its consistent gains and outperformance in the market, Sheetal Cool Products is proving to be a strong player in the FMCG industry.