G M Breweries Hits All-Time High, Outperforms Sector and Sensex
G M Breweries, a smallcap company in the breweries industry, has seen a consecutive rise in its stock price for the last 3 days, reaching an all-time high of Rs. 845.1 on July 3rd, 2024. The stock has also outperformed the sector by 4.44% and has shown a positive trend, trading above its moving averages. In the past year, G M Breweries has outperformed the Sensex, showcasing its strong performance and growth potential. MarketsMojo has given a 'Hold' call for the stock, making it a company to watch in the smallcap breweries industry.
G M Breweries, a smallcap company in the breweries industry, has recently hit an all-time high price of Rs. 845.1 on July 3rd, 2024. This has been a consecutive gain for the stock, which has been rising for the last 3 days and has seen a 31.99% increase in returns during this period. The stock opened with a gain of 3% today and has touched an intraday high of Rs. 845.1, outperforming the sector by 4.44%.
The stock has also shown high volatility today, with an intraday volatility of 122.54%. However, G M Breweries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.
In the past year, G M Breweries has outperformed the Sensex with a 77.75% increase in its stock price, compared to the Sensex's 22.58% performance. This showcases the company's strong performance and growth potential in the market.
MarketsMOJO has given a 'Hold' call for G M Breweries, indicating a neutral stance on the stock. With its recent all-time high price and consistent gains, G M Breweries is definitely a company to watch out for in the smallcap breweries industry.
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