United Spirits Stock Soars to New High, Outperforms Sector and Sensex

United Spirits, a leading player in the breweries industry, has seen a positive growth in its stock price on July 24, 2024. The stock has gained 5.48% and closed at Rs. 1403.35, which is also its new 52-week and all-time high. This performance has been deemed as 'Hold' by MarketsMOJO, a leading stock market analysis platform.

The stock has outperformed the sector by 4.13% and has been on a consecutive gain for the last 3 days, with a total rise of 8.11% in this period. It also touched an intraday high of Rs. 1403.35, showing a 5.5% increase.

United Spirits is currently trading higher than 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, United Spirits has outperformed with a 1-day performance of 5.18% while the Sensex remained at 0.00%. In the last month, United Spirits has shown a 7.85% growth, while the Sensex has grown by 3.99%.

This positive performance of United Spirits can be attributed to its strong presence in the breweries industry and its consistent growth in the market. Investors can continue to hold their positions in the company, as suggested by MarketsMOJO.