Dhampur Sugar Mills Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Dhampur Sugar Mills, a smallcap company in the sugar industry, has recently hit a 52-week low on November 14, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company.

The stock price of Dhampur Sugar Mills opened with a gain of 2.2% today, but still remains at its 52-week low of Rs. 176.05. The performance of the stock today has been in line with the overall sector, but it has shown a trend reversal after three consecutive days of falling.

The stock has been highly volatile today, with an intraday volatility of 19.06%, calculated from the weighted average price. It has also been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend.

In comparison to the Sensex performance of 19.81%, Dhampur Sugar Mills has shown a negative performance of -31.94% in the past year. This further supports the 'Strong Sell' rating given by MarketsMOJO.

Investors and experts are advised to closely monitor the performance of Dhampur Sugar Mills and consider all factors before making any investment decisions. The company's current stock price and trend should be taken into consideration, along with its financial performance and industry outlook.