Dhampure Speciality Sugars Achieves Six-Day Winning Streak Amid Strong Buying Activity

Dhampure Speciality Sugars Ltd is witnessing significant buying activity, with the stock gaining 4.99% today, contrasting sharply with the Sensex, which has seen a slight decline of 0.04%. Over the past week, Dhampure has surged by 16.53%, while the Sensex managed a modest increase of 3.36%. The stock's performance over the last month shows a robust increase of 19.49%, significantly outperforming the Sensex's 4.53% rise.
Notably, Dhampure has been on a winning streak, recording consecutive gains for the last six days, accumulating a total return of 22.35% during this period. The stock opened today with a gap up of 4.99% and reached an intraday high of Rs 112.32. It has traded within a narrow range of Rs 0.32, indicating stable buying interest.

In terms of moving averages, Dhampure Speciality Sugars is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend. The stock's impressive performance over various time frames, including a remarkable 969.71% increase over the past five years, highlights its strong market position within the sugar industry.