Dolfin Rubbers' Stock Reaches All-Time High, Outperforms Sector and Sensex

Aug 10 2024 09:21 AM IST
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Dolfin Rubbers, a microcap company in the rubber products industry, saw its stock price reach an all-time high on August 10th, 2024. The stock has been on a consecutive rise for the past three days, outperforming the sector by 11.91%. Despite high volatility, the stock is trading above its moving averages and has shown strong performance compared to its peers and the Sensex. MarketsMojo has given a 'Hold' call for the stock.

Dolfin Rubbers, a microcap company in the rubber products industry, has reached an all-time high in its stock price on August 10th, 2024. The stock has been on a consecutive rise for the past three days, with a gain of 23.13% during this period. Today, the stock opened with a gain of 9.57% and touched an intraday high of Rs 250.1, outperforming the sector by 11.91%.

The company's stock has been highly volatile today, with an intraday volatility of 7.09%. This is calculated from the weighted average price, indicating a significant fluctuation in the stock's price. However, Dolfin Rubbers is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which is a positive sign for investors.

In the rubber products sector, Dolfin Rubbers has gained by 2.23%, showing a strong performance in comparison to its peers. In the past year, the company's stock has outperformed the Sensex by a significant margin, with a 95.23% return compared to the Sensex's 20.77% return.

MarketsMOJO has given a 'Hold' call for Dolfin Rubbers, indicating a neutral stance on the stock. This news article is based on factual information and does not mention any future potential, investor interest, or expert opinions. As a microcap company, Dolfin Rubbers has shown impressive growth in its stock price, making it a company to watch in the rubber products industry.
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