Dhampure Speciality Sugars Ltd Surges 5.68% Amid Broader Market Decline, Reverses Recent Losses

Dhampure Speciality Sugars Ltd is witnessing significant buying activity, with the stock rising by 5.68% today, contrasting sharply with the Sensex, which has declined by 0.27%. This marks a notable trend reversal for the stock, which had experienced two consecutive days of decline prior to today’s gains. Over the past week, Dhampure has increased by 8.04%, while the Sensex has only managed a modest gain of 0.64%.
In terms of longer-term performance, Dhampure has shown resilience, with a 1-year increase of 33.43% compared to the Sensex's 5.09%. The stock has also outperformed the sector by 3.9% today, reaching an intraday high of Rs 106.53.

Despite a challenging three-month period where the stock fell by 15.92%, it has demonstrated strong growth over the longer term, with a remarkable 965.30% increase over the past five years, significantly outpacing the Sensex's 159.59% rise during the same timeframe. The stock's current price is above its 5-day, 20-day, 50-day, and 200-day moving averages, indicating a positive short-term trend.