Dhampur Sugar Mills Hits 52-Week Low, Underperforming Sector with 'Strong Sell' Call

Dhampur Sugar Mills, a smallcap company in the sugar industry, has recently hit a 52-week low on November 13, 2024. The stock has been underperforming the sector, with a 'Strong Sell' call by MarketsMOJO.

On November 13, the stock opened with a loss of -2.02% and touched an intraday low of Rs. 182.45, which is -2.95% lower than the previous day's close. The stock has been experiencing a consecutive fall for the last 3 days and has seen a decline of -7.05% in this period. It has also shown high volatility today, with an intraday volatility of 58.21% calculated from the weighted average price.

Dhampur Sugar Mills is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its performance. In the past year, the company's stock has seen a decline of -30.66%, while the Sensex has shown a growth of 21.03%.

Investors should be cautious while considering Dhampur Sugar Mills as an investment option, as the stock has been facing a downward trend and has been given a 'Strong Sell' call by MarketsMOJO. It is important to do thorough research and analysis before making any investment decisions.