Dangee Dums Stock Surges Amid Strong Market Activity and Increased Liquidity
Dangee Dums Ltd, a microcap in the FMCG sector, saw its stock hit the upper circuit limit amid strong trading activity, reaching Rs 4.78. The company outperformed its sector and demonstrated liquidity, with a market capitalization of Rs 71.00 crore, indicating resilience in a fluctuating market.
Dangee Dums Ltd, a microcap player in the FMCG sector, has made headlines today as its stock hit the upper circuit limit, reflecting strong market activity. The stock reached a high price of Rs 4.78, showcasing a notable change of Rs 0.04, which translates to a 0.88% increase. The trading session saw a total traded volume of approximately 0.27169 lakh shares, resulting in a turnover of Rs 0.01266 crore.In terms of performance, Dangee Dums outperformed its sector by 1.63%, while the broader market, represented by the Sensex, recorded a 1D return of 0.95%. The stock's performance today indicates it is trading above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages.
With a market capitalization of Rs 71.00 crore, Dangee Dums continues to demonstrate liquidity, being liquid enough for trade sizes of Rs 0 crore based on 2% of the 5-day average traded value. Overall, the stock's performance today highlights its resilience in a fluctuating market environment.
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