Dhampure Speciality Sugars Ltd Hits 52-Week High, Outperforms Sector and Sensex

Apr 22 2024 10:35 AM IST
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Dhampure Speciality Sugars Ltd, a microcap company in the sugar industry, reached a 52-week high on April 22, 2024, with a 2% gain from the previous day's close. It has been consistently performing well, with a positive trend and strong returns. The stock has outperformed the Sensex and the sugar sector, showcasing its growth and potential in the market.

Dhampure Speciality Sugars Ltd, a microcap company in the sugar industry, has recently hit a 52-week high on April 22, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On April 22, the stock reached a new high of Rs.111.78, with a 2% gain from the previous day's close. However, it underperformed the sector by -1.97% on the same day. The stock has been on a consecutive gain for the last 4 days, with a 18.06% increase in returns during this period. It also opened with a gap up of 2% today.

Dhampure Speciality Sugars Ltd has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the sugar sector, the stock has gained by 3.97%.

In the past year, Dhampure Speciality Sugars Ltd has shown a strong performance of 77.80%, outperforming the Sensex's performance of 22.90%. This showcases the company's growth and potential in the market.

Overall, Dhampure Speciality Sugars Ltd has been performing well in the market, with a positive trend and strong returns. Investors may want to keep an eye on this microcap company in the sugar industry.
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