Ultramarine & Pigments Stock Reaches 52-Week High, Outperforms Sector and Sensex

Sep 10 2024 09:36 AM IST
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Ultramarine & Pigments, a leading player in the dyes and pigments industry, has seen a surge in its stock price, reaching a 52-week high of Rs. 548.95 on September 10, 2024. The company has outperformed the sector by 0.56% and has shown consecutive gains for the last 4 days, with a 5.65% increase in returns. It has also outperformed the Sensex, with a 28.22% growth in the past year. With a 'Hold' rating from MarketsMojo and a strong track record, Ultramarine & Pigments is a company to watch in the industry.


Ultramarine & Pigments, a leading player in the dyes and pigments industry, has recently seen a surge in its stock price. On September 10, 2024, the company's stock reached a 52-week high of Rs. 548.95. This positive trend has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Hold'.

In terms of performance, Ultramarine & Pigments has outperformed the sector by 0.56% and has been on a consecutive gain for the last 4 days, with a 5.65% increase in returns during this period. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In comparison to the Sensex, Ultramarine & Pigments has shown a 28.22% growth in the past year, while the Sensex has only grown by 22.66%. This further highlights the company's strong performance and potential for growth.

Ultramarine & Pigments is a smallcap company in the dyes and pigments industry, and its recent stock performance is a testament to its success and potential in the market. With a 'Hold' rating from MarketsMOJO and a strong track record, Ultramarine & Pigments is definitely a company to watch out for in the industry.
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