Market tumbles but 5 FMCG stocks hit 52-week highs and rallied up to 20% in a month
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On A Roll!
On Friday, India's benchmark index, the Sensex, plunged 886 points, marking its sixth major drop of 2024, and closed at 80,982. Despite the market turmoil, five stocks in the BSE FMCG index reached their highest prices in the past year. Achieving a 52-week high is significant as it reflects the peak value a stock has attained over the last year, serving as a crucial indicator for traders and investors. This measure aids in evaluating a stock's current value and forecasting potential future price trends.
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Bikaji Foods International | New 52-week high: Rs 776.9 | CMP: Rs 739.4
In the last one month, the stock has gained about 3%.
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Gillette India | New 52-week high: Rs 8,143.8 | CMP: Rs 7,957.95
In the last one month, the stock has gained about 9%.
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Gokul Agro Resources | New 52-week high: Rs 200.75 | CMP: Rs 194.45
In the last one month, the stock has gained about 10%.
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Kokuyo Camlin | New 52-week high: Rs 193.75 | CMP: Rs 187.15
In the last one month, the stock has gained about 19%.
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LT Foods | New 52-week high: Rs 315 | CMP: Rs 307.8
In the last one month, the stock has gained about 17%.