Mawana Sugars Surges to 52-Week High, Outperforms Sector and Offers High Dividend Yield

Mawana Sugars, a microcap company in the sugar industry, has recently seen a surge in its stock price. On August 30, 2024, the company's stock price touched a 52-week high, reaching Rs 135.95. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

Despite this, Mawana Sugars has shown strong performance in the market. It has outperformed the sector by 2.62% and has been gaining for the last three days, with a 15.91% increase in returns. The stock also opened with a gain of 5.89% today and reached an intraday high of Rs 135.5, showing high volatility with an intraday volatility of 74.41%.

Mawana Sugars is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, it offers a high dividend yield of 3.18% at the current price.

In comparison to the Sensex performance of 26.62%, Mawana Sugars has shown a strong 1-year performance of 37.06%. This indicates the company's potential for growth and stability in the market.

As a microcap company in the sugar industry, Mawana Sugars has shown promising performance and potential for investors. However, it is important to note that this information is based on facts and should not be considered as a recommendation for investment.