Zydus Wellness Stock Sees 5.03% Gain, Outperforms FMCG Sector
On November 27, 2024, Zydus Wellness, a midcap FMCG company, saw a 5.03% increase in its stock, closing at Rs. 2026.95. This marks the second consecutive day of gains, with a total increase of 6.03% in the past two days. The stock is currently trading higher than its moving averages and has outperformed the Sensex.
Zydus Wellness, a midcap FMCG company, saw a positive trend in its stock performance on November 27, 2024. The stock gained 5.03% and closed at Rs. 2026.95, outperforming the sector by 4.4%. This marks the second consecutive day of gains for the company, with a total increase of 6.03% in the past two days.
The stock also touched an intraday high of Rs. 2026.95, showing a 5.13% increase from its previous close. Zydus Wellness' stock is currently trading higher than its 5-day, 20-day, 50-day, and 200-day moving averages, but lower than its 100-day moving average.
In comparison to the Sensex, Zydus Wellness' stock has outperformed with a 1-day performance of 5.03% compared to the Sensex's 0.41%. In the past month, the company's stock has shown a 13.00% increase, while the Sensex has only seen a 1.17% increase.
Overall, Zydus Wellness' stock has shown a positive trend and has been performing well in the FMCG industry. Investors may want to hold onto their stocks for now, as recommended by MarketsMOJO with a 'Hold' call.
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