Ugar Sugar Works . Shows Strong Stock Performance, Outperforms Sector and Broader Market

Ugar Sugar Works ., a smallcap company in the sugar industry, has seen a positive trend in its stock performance on June 13, 2024. The stock has gained 7.03% on this day, outperforming the sector by 0.64%. This marks the third consecutive day of gains for the company, with a total increase of 18.45% in this period.

The stock opened with a gain of 2.42% today and reached an intraday high of Rs 89.95, a 9.8% increase from the previous day's close. Ugar Sugar Works . is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the overall performance of the sugar sector, Ugar Sugar Works . has shown a gain of 8.05%. This reflects the company's strong performance in the industry.

On a broader scale, Ugar Sugar Works . has outperformed the Sensex, with a 1-day performance of 6.71% compared to the Sensex's 0.33%. In the past month, the company has also shown a higher performance of 15.30% compared to the Sensex's 5.61%.

Overall, Ugar Sugar Works . has shown a positive trend in its stock performance, with strong gains in the past three days and outperforming the sector and broader market. Investors may want to keep an eye on this smallcap company in the sugar industry.