Jyothy Labs Ltd. Achieves All-Time High Stock Price, Receives 'Buy' Call from MarketsMOJO

Jyothy Labs Ltd., a leading FMCG company, has recently reached an all-time high in its stock price on September 11, 2024. This positive trend has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock.

The company's stock is currently trading at a price that is only 2.26% away from its 52-week high of Rs 593.1. In today's trading session, Jyothy Labs has outperformed the sector by 1.87%. This is a significant achievement for the company, as it has been gaining for the last 3 days and has seen a rise of 6.42% in this period.

Moreover, Jyothy Labs' stock has also touched an intraday high of Rs 582.1, which is a 2.84% increase from its previous close. This shows a strong upward momentum for the stock.

In terms of moving averages, Jyothy Labs is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the stock and further reinforces the 'Buy' call given by MarketsMOJO.

In the past year, Jyothy Labs has shown a remarkable performance with a 60.78% increase in its stock price, while the Sensex has only seen a 22.11% growth. This showcases the company's strong potential and growth in the FMCG industry.

Overall, Jyothy Labs Ltd. has been making significant strides in the stock market and has caught the attention of investors and analysts alike. With its consistent growth and positive performance, the company is definitely one to watch out for in the largecap FMCG industry.