G M Breweries' Stock Reaches All-Time High, Outperforms Sector and Sensex

G M Breweries, a smallcap company in the breweries and distilleries industry, has been making headlines recently as its stock price reached an all-time high on September 16, 2024. The company's stock has been performing well, with MarketsMOJO giving it a 'Hold' rating.

At the time of writing, G M Breweries' stock is trading at Rs 946.95, just 0.66% away from its 52-week high of Rs 950. The stock has also outperformed the sector by 5.29% today, showing strong growth potential.

Intraday, the stock touched a high of Rs 946.95, a 6.52% increase from its previous close. This is a positive sign for investors, as it indicates a strong demand for the company's stock.

G M Breweries' stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a bullish signal for investors. This shows that the stock has been consistently performing well in the market.

In the past year, G M Breweries has shown a remarkable growth of 77.32%, outperforming the Sensex's performance of 22.43%. This further highlights the company's strong performance and potential for future growth.

Overall, G M Breweries' stock has been on an upward trend, making it an attractive option for investors in the breweries and distilleries industry. With a 'Hold' rating from MarketsMOJO and strong performance in the market, G M Breweries is definitely a company to watch out for.