Dodla Dairy Experiences Notable Revision in Its Stock Evaluation Amid Strong Performance

Dec 31 2024 02:05 PM IST
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Dodla Dairy has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong market performance. The stock has shown resilience, outperforming its sector and maintaining a consistent upward trend, indicating a stable outlook for investors amid market fluctuations.
Dodla Dairy, a prominent player in the FMCG sector, has recently experienced a notable adjustment in its evaluation. The stock has shown resilience, gaining 5.06% on December 31, 2024, and outperforming its sector by 5.32%. This upward momentum is reflected in its consecutive gains, with the stock rising 5.13% over the past two days.

On the trading front, Dodla Dairy opened with a significant gap up of 3.41% and reached an intraday high of Rs 1270.45, marking a 5.1% increase. The stock's performance has been robust, as it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.

In addition to these positive performance indicators, Dodla Dairy has been added to MarketsMOJO's list, reflecting a revision in its score that highlights its current standing in the market. The stock's one-day performance of 4.81% contrasts sharply with the Sensex, which saw a slight decline of 0.03%. Over the past month, Dodla Dairy has also outperformed the Sensex, achieving a 3.85% increase compared to the index's drop of 1.98%.
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