KM Sugar Mills Ltd. Reaches All-Time High with Strong Performance in Sugar Industry

KM Sugar Mills Ltd., a microcap company in the sugar industry, has reached an all-time high price on June 14, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO. Today, the stock has outperformed the sector by 4.56%, with a new 52-week high of Rs.48.1. It has also shown a consecutive gain for the last 4 days, with a 24.49% increase in returns during this period. The stock opened with a gain of 2.83% today and reached an intraday high of Rs.48.1, showing high volatility with an intraday volatility of 74.85%. KM Sugar Mills is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, KM Sugar Mills has shown a strong performance of 76.87%, outperforming the Sensex's performance of 21.29%. This indicates the company's growth and potential in the sugar industry. Investors should note that this article is based on factual information and does not mention any future potential or expert opinions. It is important to conduct thorough research and analysis before making any investment decisions. MarketsMOJO's 'Hold' call should not be considered as a recommendation.