Dhampur Bio Organics Stock Sees Significant Increase, Outperforms Sector and Sensex

Sep 23 2024 10:20 AM IST
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On September 23, 2024, Dhampur Bio Organics, a smallcap company in the sugar industry, saw a 12.31% increase in its stock price, currently trading at Rs. 163.6 per share. Despite outperforming the sector and Sensex, MarketsMojo has given a 'Strong Sell' call. The stock has also shown high volatility and is trading above its moving averages.

Dhampur Bio Organics, a smallcap company in the sugar industry, has seen a significant increase in its stock price on September 23, 2024. The stock has gained 12.31% and is currently trading at Rs. 163.6 per share. However, according to MarketsMOJO, the stock has been given a 'Strong Sell' call.

In terms of performance, Dhampur Bio has outperformed the sector by 11.21% today. The stock has also been on a consecutive gain for the last 2 days, with a rise of 16.36% in this period. It reached an intraday high of Rs. 163.6, which is a 19.9% increase. The stock has also shown high volatility today, with an intraday volatility of 7.41%.

Dhampur Bio is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the Sensex performance, Dhampur Bio has outperformed by 12.83% in the last 1 day and 15.53% in the last 1 month. This shows a strong performance by the company in the recent period.

Overall, Dhampur Bio Organics has shown a significant increase in its stock price and has outperformed the sector and Sensex in terms of performance. However, investors should take note of the 'Strong Sell' call by MarketsMOJO and do their own research before making any investment decisions.
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