Why is Gabriel Pet falling/rising?
As of 13-Oct, Gabriel Pet Straps Ltd is experiencing a price increase to Rs. 313.00, reflecting a rise of 7.82% and reaching a new all-time high. The stock has significantly outperformed the benchmark indices, with a year-to-date return of 75.84% compared to the Sensex's 5.36%, indicating strong investor confidence and momentum.
As of 13-Oct, Gabriel Pet Straps Ltd is experiencing a price increase, currently at Rs. 313.00, which reflects a rise of Rs. 22.7 or 7.82%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 8.2%. It has shown a strong performance over the last three days, gaining 17.62% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The rising investor participation is also noteworthy, with delivery volume increasing by 375% compared to the 5-day average, suggesting heightened interest in the stock.In the broader market context, Gabriel Pet's short-term performance significantly outpaces the benchmark, with a 1-week return of 15.93% compared to the Sensex's 0.66%. Over the past month, the stock has risen by 20.38%, while the Sensex has only increased by 0.52%. Year-to-date, Gabriel Pet has achieved a remarkable return of 75.84%, far exceeding the Sensex's 5.36%. This strong performance relative to the benchmark highlights the stock's robust momentum and investor confidence, contributing to its rising price.
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