Sheetal Cool Products' Stock Reaches 52-Week High, Outperforms Sector

Sheetal Cool Products, a microcap FMCG company, has recently seen a surge in its stock price, reaching a 52-week high on May 23, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The company's stock price hit a new high of Rs. 519.75 today, outperforming the sector by 1.37%. This marks the third consecutive day of gains for Sheetal Cool, with a 11.66% increase in the past three days. The stock also touched an intraday high of Rs. 519.75, showing a 3.05% increase.

In terms of moving averages, Sheetal Cool 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 company's stock.

Comparing the 1-year performance of Sheetal Cool Products Ltd to the Sensex, the company has seen a 8.33% increase while the Sensex has performed at 20.10%. This shows that Sheetal Cool has not performed as well as the overall market, but has still seen a positive growth.

As a microcap FMCG company, Sheetal Cool Products has shown promising performance in the market, with a recent surge in its stock price. With a 'Hold' call from MarketsMOJO and a positive trend in its moving averages, the company's stock is one to watch in the FMCG industry.