KM Sugar Mills Ltd. Stock Reaches All-Time High, Outperforms Sector and Market

KM Sugar Mills Ltd., a microcap company in the sugar industry, saw its stock price reach an all-time high on June 13, 2024. According to MarketsMOJO, a leading financial analysis platform, the stock is currently rated as a 'Hold'.

The stock is currently trading at a price that is 1.55% away from its 52-week high of Rs 46.41. It has also outperformed the sector by 4.78% in today's trading session. This is the third consecutive day that the stock has been gaining, with a total return of 20.07% during this period. The stock also touched an intraday high of Rs 46.1, which is an increase of 11.08%.

Today, the stock has shown high volatility with an intraday volatility of 6.69%, calculated from the weighted average price. KM Sugar Mills is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In the sugar industry, KM Sugar Mills is not the only company that has seen a rise in its stock price. The sector as a whole has gained by 5.54%.

In the past year, KM Sugar Mills has performed exceptionally well with a return of 71.69%, while the Sensex has only seen a return of 21.69%. This shows that the company has outperformed the market and has been a profitable investment for its shareholders.

Overall, KM Sugar Mills Ltd. has shown strong performance in the sugar industry and has gained the attention of investors. With its stock price reaching an all-time high and outperforming the market, it is definitely a company to keep an eye on.