DCM Shriram Industries Reaches All-Time High, Outperforms Sector and Sensex

May 23 2024 10:30 AM IST
share
Share Via
DCM Shriram Industries, a smallcap company in the sugar industry, has reached an all-time high price on May 23, 2024. It has been performing well, with a 'Hold' rating from MarketsMojo and identified as part of the Hidden Turnaround since May 26, 2023. The stock has consistently outperformed the sector and is currently trading above its moving averages. With a remarkable 221.25% increase in the past year, DCM Shriram Industries shows strong potential for growth in the sugar industry.

DCM Shriram Industries, a smallcap company in the sugar industry, has recently reached an all-time high price on May 23, 2024. The stock has been performing well, with MarketsMOJO giving it a 'Hold' rating. It has also been identified as part of the Hidden Turnaround on MarketsMOJO since May 26, 2023.

The stock is currently trading at 0.17% below its 52-week high of Rs 232.55. It has also outperformed the sector by 0.99% in today's trading. DCM Shriram Industries has been on a consecutive upward trend for the past 8 days, with a 19.39% increase in returns during this period. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, DCM Shriram Industries has shown a remarkable performance, with a 221.25% increase in its stock price, while the Sensex has only seen a 20.33% growth. This showcases the company's strong performance and potential for growth in the sugar industry.

DCM Shriram Industries is a smallcap company, but its impressive performance and positive outlook make it a promising investment option for investors. With its consistent upward trend and strong performance, it is definitely a stock to keep an eye on in the sugar industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News