Dhampure Speciality Sugars Ltd Hits 52-Week High, Outperforms Sector with Strong Growth

Apr 24 2024 10:35 AM IST
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Dhampure Speciality Sugars Ltd, a microcap company in the sugar industry, has reached a 52-week high on April 24, 2024. The stock has been performing well, with a 1.32% outperformance of the sector and a 22.82% increase in returns in the past 6 days. It has also been trading above its moving averages, indicating a positive trend. With a strong performance in the past year, the company shows potential for growth in the sugar industry.

Dhampure Speciality Sugars Ltd, a microcap company in the sugar industry, has recently hit a 52-week high on April 24, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On April 24, the stock reached a new high of Rs.116.29, outperforming the sector by 1.32%. It has been on a consecutive gain for the past 6 days, with a 22.82% increase in returns during this period. The stock also opened with a gain of 2% today and touched an intraday high of Rs.116.29.

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 past year, the company has shown a strong performance with a 76.17% increase, while the Sensex has only seen a 23.35% growth. This showcases the company's potential and growth in the sugar industry.

Investors and experts are keeping a close eye on Dhampure Speciality Sugars Ltd as it continues to make positive strides in the market. With its recent 52-week high and consistent growth, the company is definitely one to watch in the microcap segment of the sugar industry.
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