Dangee Dums Ltd Stock Hits Upper Circuit Limit at Rs 4.62, Up 10%
Dangee Dums Ltd, a microcap in the FMCG sector, experienced significant trading activity as its stock reached the upper circuit limit. The company recorded a total traded volume of approximately 1.96 lakh shares, with notable market interest despite a decline in investor participation.
Dangee Dums Ltd, a microcap player in the FMCG sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 4.62, reflecting a notable increase of 10.0% from the previous close, with an absolute change of Rs 0.42. The stock's performance today outpaced the sector by 9.68%, indicating strong market interest.Throughout the trading session, Dangee Dums recorded a total traded volume of approximately 1.96 lakh shares, resulting in a turnover of Rs 0.0897 crore. The stock's price band allowed for a 10% fluctuation, with the intraday low recorded at Rs 4.11.
In terms of moving averages, the stock is currently above its 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day moving average. However, there has been a decline in investor participation, with delivery volume dropping by 21.85% compared to the 5-day average.
Overall, Dangee Dums Ltd's performance today highlights its strong position within the market, as it continues to navigate the dynamics of the FMCG industry.
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