Gopal Snacks' Stock Gains 7.72%, Outperforms Sector and Sensex on September 19, 2024
Gopal Snacks, a smallcap FMCG company, gained 7.72% on September 19, 2024, closing at Rs 378. It has outperformed the sector by 7.29% and has been on a consecutive gain for the last 3 days. With a 'Hold' call from MarketsMojo, the stock is currently trading above its moving averages and has shown a strong performance compared to the Sensex.
Gopal Snacks, a smallcap company in the FMCG industry, has been making headlines in the stock market recently. On September 19, 2024, the company's stock gained 7.72%, closing at Rs 378. This performance has caught the attention of investors and analysts alike.
According to MarketsMOJO, a leading stock market analysis platform, the current stock call for Gopal Snacks is 'Hold'. The stock is currently trading at a price that is 3.89% away from its 52-week high of Rs 392.7. However, it has outperformed the sector by 7.29% and has been on a consecutive gain for the last 3 days, with a 11.42% increase in returns during this period.
Intraday, Gopal Snacks reached a high of Rs 378, showing a 7.72% increase. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.
In comparison to the Sensex, Gopal Snacks has shown a strong performance. On a 1-day basis, the stock has gained 8.29% while the Sensex has only gained 0.65%. Similarly, on a 1-month basis, Gopal Snacks has gained 8.09% while the Sensex has gained 3.81%.
Overall, Gopal Snacks has shown a strong performance in the stock market, outperforming the sector and the Sensex. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this smallcap FMCG company for potential future growth.
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