Dhampur Bio Organics Sees Active Trading Amid Mixed Performance in Sugar Sector
Dhampur Bio Organics Ltd, a microcap in the sugar industry, reached its upper circuit limit at Rs 70.78, with a trading volume of approximately 0.14912 lakh shares. The stock is currently above its 20-day moving average and has a notable dividend yield of 3.55%, indicating strong market interest.
Dhampur Bio Organics Ltd, a microcap player in the sugar industry, has made headlines today by hitting its upper circuit limit with a high price of Rs 70.78. The stock experienced a notable change of Rs 3.37, reflecting a percentage increase of 5.0%. The trading session saw a total volume of approximately 0.14912 lakh shares, resulting in a turnover of Rs 0.1053 crore.Despite this positive movement, the stock underperformed its sector by 1.7%. However, it is noteworthy that Dhampur Bio Organics is currently trading above its 20-day moving average, although it remains below the 5-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity appears adequate, with a delivery volume of 13.31k shares on May 12, marking a significant increase of 144.2% compared to the 5-day average.
With a high dividend yield of 3.55% at the current price, Dhampur Bio Organics continues to attract attention in the sugar sector. Overall, the stock's performance today highlights its active trading status and market engagement.
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