G M Breweries sees 7.08% stock price increase, reaches new 52-week high

Sep 16 2024 09:50 AM IST
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On September 16, 2024, G M Breweries, a smallcap company in the breweries and distilleries industry, saw a 7.08% increase in its stock price and reached a new 52-week high of Rs.964.55. It also outperformed the sector by 7.84% and is currently trading higher than its moving averages. With a 'Hold' call from MarketsMojo, investors can monitor its steady growth in the smallcap market.

G M Breweries, a smallcap company in the breweries and distilleries industry, saw a 7.08% increase in its stock price on September 16, 2024. The stock was given a 'Hold' call by MarketsMOJO, a leading stock market analysis platform.

The stock reached a new 52-week high of Rs.964.55 on the same day, outperforming the sector by 7.84%. It also touched an intraday high of Rs.964.55, showing a significant increase of 8.5%. G M Breweries is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance, G M Breweries showed a 1-day performance of 9.06%, while the Sensex only had a 0.28% increase. Over the past month, G M Breweries has outperformed the Sensex by 26.24%, with a 1-month performance of 3.34%.

G M Breweries has been steadily growing in the smallcap market, and this recent increase in stock price is a testament to its strong performance. With a 'Hold' call from MarketsMOJO, investors can continue to monitor the company's progress and make informed decisions.
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