Gillette India Sees Notable Revision in Its Stock Evaluation Amid Strong FMCG Performance

Jan 01 2025 03:20 PM IST
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Gillette India Ltd. has been added to MarketsMojo's list following a recent adjustment in its evaluation. The stock demonstrated strong performance, significantly outperforming its sector and the broader market on January 1, 2025. Currently, it is trading above key moving averages, indicating a robust market position.
Gillette India has recently experienced a notable adjustment in its evaluation, reflecting its strong performance in the FMCG sector. On January 1, 2025, the stock gained 3.1%, significantly outperforming the sector by 3.27%. The stock opened with a gap up, rising by 2.98%, and reached an intraday high of Rs 9778.85, marking a 3.39% increase.

In terms of moving averages, Gillette India is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a robust short-term and long-term performance trend. Over the past day, the stock's performance stood at 3.28%, while the broader Sensex index only managed a 0.45% increase.

Despite a slight decline of 0.96% over the past month, Gillette India has been added to MarketsMOJO's list, highlighting its resilience in a challenging market environment. This revision in its score underscores the company's solid market position and consistent performance indicators, reinforcing its status as a significant player in the FMCG industry.
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