Godrej Consumer Products Stock Sees -3.04% Decline, Underperforms FMCG Sector

Godrej Consumer Products, a leading FMCG company, saw a decline of -3.04% in its stock price on October 24, 2024. The stock has been on a downward trend for the past 6 days, with a consecutive fall of -7.69% during this period. The stock touched an intraday low of Rs 1254.5, showing a decline of -2.91%.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Godrej Consumer Products is 'Hold'. The stock has also underperformed the FMCG sector by -0.38% today. The company's stock is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

The FMCG sector as a whole has seen a decline of -3.64%, indicating a general trend in the industry. In comparison, the Sensex, India's benchmark stock index, has only seen a decline of -0.03% today. Over the past month, Godrej Consumer Products has seen a decline of -13.42%, while the Sensex has seen a decline of -5.72%.

While the stock has seen a decline in its performance, it is important to note that this article is not making any recommendations or predictions about the future potential of the company. It is simply reporting on the current performance of Godrej Consumer Products in the FMCG industry. Investors are advised to do their own research and analysis before making any investment decisions.