G M Breweries Outperforms Sector and Market with Strong Financial Performance

G M Breweries, a smallcap company in the breweries industry, has been making headlines in the stock market with its recent performance. On July 3rd, the company's stock gained 8.2%, outperforming the sector by 7.73%. This marks the third consecutive day of gains for G M Breweries, with a total return of 35.8% in this period.

The stock opened with a gain of 3% today and touched an intraday high of Rs 863, hitting a new 52-week high. This positive momentum can be attributed to the company's strong financial performance and its ability to outperform the market.

G M Breweries has also been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in the stock. This is further supported by its 1-day and 1-month performance, which has outperformed the Sensex by 9.28% and 39.20%, respectively.

While the stock call by MarketsMOJO is 'Hold', investors can keep an eye on G M Breweries as it continues to show promising growth in the smallcap segment of the breweries industry. With its recent performance and strong financials, G M Breweries is definitely a company to watch out for in the stock market.