Dabur India's Stock Price Hits New High, Outperforms Sector and Sensex

Dabur India ., a leading FMCG company in India, saw a 3.08% increase in its stock price on September 9, 2024. The stock, which is currently trading at Rs.664.2, hit a new 52-week and all-time high on the same day. This performance has been deemed as 'Hold' by MarketsMOJO, a leading stock market analysis platform.

In today's trading session, Dabur India outperformed the sector by 1.14%, showcasing its strong market position. The stock has been on a consecutive gain for the last 2 days, with a 2.87% increase in returns during this period. Its intraday high of Rs.664.2 also reflects a 3.01% increase.

Dabur India 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 performance. In comparison to the Sensex, Dabur India has outperformed with a 1-day performance of 2.85% versus the Sensex's 0.48%. In the last month, Dabur India has also outperformed the Sensex with a 6.05% increase in its stock price compared to the Sensex's 2.34% increase.

Dabur India's strong performance in the stock market can be attributed to its position as a leading FMCG company in India. With a large market cap, Dabur India has established itself as a key player in the industry. Investors can continue to hold onto their Dabur India stocks as the company continues to showcase positive growth and performance in the market.