Dhampur Bio Organics Ltd Sees Surge in Trading Activity Amid Positive Sugar Sector Trends
Dhampur Bio Organics Ltd, a microcap in the sugar industry, saw notable trading activity today, reaching its upper circuit limit with a significant intraday high. The stock's performance over the past two days reflects a positive trend, contributing to a strong presence in the market.
Dhampur Bio Organics Ltd, a microcap player in the sugar industry, has experienced significant trading activity today, hitting its upper circuit limit with an intraday high of Rs 65.1, reflecting a 5% increase. The stock closed at Rs 65.08, marking a change of Rs 3.08 or a 4.97% rise. The total traded volume reached approximately 1.9946 lakh shares, contributing to a turnover of Rs 1.28 crore. Notably, the stock has shown a strong performance over the past two days, with a cumulative return of 8.25%. In comparison, the sugar sector overall gained 4.99% today, indicating a positive trend within the industry.
In terms of moving averages, Dhampur Bio Organics is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. The stock also boasts a high dividend yield of 4.1% at the current price, suggesting a favorable return for shareholders.
Overall, Dhampur Bio Organics Ltd's performance today underscores its active trading status and resilience in the sugar market.
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