Dodla Dairy Experiences Notable Revision in Its Stock Evaluation Amid Market Pressures

Jan 06 2025 03:50 PM IST
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Dodla Dairy has recently undergone a revision in its score, reflecting the stock's current challenges in the FMCG sector. Despite a notable decline in performance and trailing behind several moving averages, the stock remains above its 200-day moving average. It has also been added to MarketsMojo's list, indicating ongoing interest from investors.
Dodla Dairy, a midcap player in the FMCG sector, has recently experienced a notable adjustment in its evaluation. The stock has been under pressure, recording a decline of 5.18% on January 6, 2025, and has underperformed its sector by 3.66%. This marks the fourth consecutive day of losses for Dodla Dairy, with a total drop of 7.47% over this period.

Despite its current challenges, the stock remains above its 200-day moving average, although it is trailing behind its shorter-term moving averages, including the 5-day, 20-day, 50-day, and 100-day averages. The stock's performance over the past month has also been disappointing, with a decline of 8.19%, compared to a 4.58% drop in the Sensex.

In light of these developments, Dodla Dairy has been added to MarketsMOJO's list, reflecting a revision in its score. Investors and market watchers will be keen to observe how the company navigates these recent challenges and its overall market position moving forward.
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