United Breweries Outperforms Sector with 3.13% Gain on December 24, 2024

Dec 24 2024 01:50 PM IST
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United Breweries has experienced a notable adjustment in its evaluation, reflecting its recent performance metrics. The stock has shown resilience, outperforming its sector and maintaining a positive trend above key moving averages. Despite these gains, it has been added to MarketsMojo's list, indicating a shift in market sentiment.
United Breweries has shown notable performance in the stock market, gaining 3.13% on December 24, 2024. The company outperformed its sector by 2.55%, reflecting its strong market position within the breweries and distilleries industry. During the trading session, the stock reached an intraday high of Rs 2069.55, marking a 3.4% increase.

In terms of moving averages, United Breweries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive trend in its stock performance. Over the past day, the company's stock rose by 2.67%, while the broader Sensex index experienced a slight decline of 0.06%.

Looking at a longer timeframe, United Breweries has demonstrated a robust 10.40% increase over the past month, contrasting with the Sensex's decrease of 0.79%. These metrics highlight the company's resilience and competitive edge in the market, positioning it favorably within the large-cap segment of the industry.
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