EID Parry (India) Ltd Reaches New Milestone with 52-Week High in Sugar Industry Performance

Jun 05 2024 11:05 AM IST
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EID Parry (India) Ltd, a midcap company in the sugar industry, has reached a new milestone by touching its 52-week high on June 5th, 2024. The stock has been performing well, outperforming the sector by 8.01% on the same day. With a positive trend and strong performance, the company shows potential for further growth.

EID Parry (India) Ltd, a midcap company in the sugar industry, has recently reached a new milestone by touching its 52-week high on June 5th, 2024. The stock has been performing well, outperforming the sector by 8.01% on the same day. With a day's high of Rs. 724.4, the stock has shown high volatility with an intraday volatility of 7.71%.

The company's stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. This is a positive sign for investors, as it shows the stock's strength and potential for further growth.

In the sugar industry, EID Parry has gained by 2.71%, which is a good sign for the company and the sector as a whole. The company's performance over the past year has been impressive, with a 47.01% increase, compared to the Sensex's performance of 16.37%.

Overall, EID Parry (India) Ltd has shown strong performance and growth potential in the sugar industry. With its recent 52-week high, the company is on track to continue its positive trend and deliver good returns for its investors.
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