BSE FMCG: These small-cap stocks emerged as the top gainers in the sector on July 4
As the FMCG sector emerges as the top-gaining sector, know which stocks in that sector rallied the most.
With a positive start to the week, largely predominated by the green, the FMCG sector soared 2.5 per cent while Metal, Energy and Oil& Gas bore the brunt of the bears. At the closing bell on July 4, the Sensex closed at 53,234.77 up by 0.6 per cent or 326.84 points, while the Nifty index closed at 15,835.35 up 0.5 per cent or 83.30 points.
Hindustan Foods, Parag Milk Foods and Tilaknagar Industries witnessed positive action in today’s session.
Hindustan Foods witnessed a gain of 5.46 per cent in today’s session and closed at Rs 1818.15. The shares of Hindustan Foods Ltd hit intra-day highs and lows of Rs 1833.95 and 1738.90 respectively. The company is primarily engaged in the business of contract manufacturing of FMCG products comprising primarily of home care, personal care, foods and refreshments and job working of shoes.
Parag Milk Foods Ltd gained 4.84 per cent in today’s session and closed at Rs 71.55. The shares of Parag Milk Foods hit intra-day highs and lows of Rs 75.80 and 65.70, respectively. In the last trading session, the stock had hit a fresh 52-week low at Rs 65.50 by registering a one-day loss in the share price of 7.7 per cent. In a year the private player in the dairy sector has lost almost half of its share price from Rs 140 to Rs 70.
ilaknagar Industries witnessed a gain of 4.96 per cent in today’s session and closed at Rs 76.20. The shares of Hindustan Foods Ltd hit the upper circuit of 5 per cent in the morning trades and were locked for the rest of the trading session. The stock is volatile in ASM category.