Dhampur Sugar Mills Shows Volatility Amid Broader Sugar Sector Gains

Jan 16 2025 01:30 PM IST
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Dhampur Sugar Mills has experienced notable activity, with a significant increase on January 16, 2025, outperforming the sugar sector. The stock has shown consistent gains over three days, accumulating a total return. Despite recent gains, its performance over the past month indicates a decline, reflecting market volatility.
Dhampur Sugar Mills has shown significant activity today, with a notable increase of 7.3% on January 16, 2025, outperforming the sugar sector by 2.51%. The stock has demonstrated consistent gains over the past three days, accumulating a total return of 12.45% during this period. It opened the day with a substantial gain of 6.4% and reached an intraday high of Rs 156.55, reflecting a rise of 7.74%.

In terms of moving averages, Dhampur Sugar Mills is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages. The broader sugar sector has also experienced positive movement, gaining 3.46% on the same day.

However, the stock's performance over the past month indicates a decline of 14.15%, contrasting with the Sensex's decrease of 5.73%. This mixed performance highlights the stock's volatility amidst broader market trends.
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