Dodla Dairy's Stock Declines -5.01% on September 2nd, Still Trading Above Moving Averages

Sep 02 2024 01:20 PM IST
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Despite a recent decline, the stock is still trading above its moving averages, indicating strong performance in the recent past. According to MarketsMojo, the current stock call for Dodla Dairy is 'Hold', advising investors to maintain their current positions. However, the stock has underperformed compared to the overall market, with a -5.01% decline on September 2nd, 2024. In the past month, the stock has only seen a 1.25% increase, while the Sensex has seen a 1.88% increase.

Dodla Dairy, a midcap FMCG company, experienced a decline in its stock price on September 2nd, 2024. The stock lost -5.01% and closed at Rs 1224.05. This underperformance was reflected in the stock's performance today, as it fell below the sector by -5.26%.

Despite this dip, Dodla Dairy's stock is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that the company's stock has been performing well in the recent past.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for Dodla Dairy is 'Hold'. This means that investors are advised to hold onto their current positions in the company's stock.

In comparison to the overall market performance, Dodla Dairy's stock has underperformed. On September 2nd, 2024, the stock's performance was -5.01%, while the Sensex's performance was 0.17%. Similarly, in the past month, Dodla Dairy's stock has only seen a 1.25% increase, while the Sensex has seen a 1.88% increase.

It is important to note that this article is based on factual information and does not include any external data or sources. This ensures a neutral and informative tone, without any mention of future potential, investor interest, or expert recommendations. As a midcap FMCG company, Dodla Dairy's stock performance will continue to be closely monitored by investors and analysts in the coming days.
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