Ultramarine & Pigments Ltd Sees 20% Surge Amid Strong Buying Activity and Market Outperformance

May 16 2025 12:35 PM IST
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Ultramarine & Pigments Ltd is experiencing notable buying activity, with a significant stock increase today, contrasting with a decline in the Sensex. Over the past week, the stock has shown impressive gains, outperforming the index both weekly and annually, while maintaining a strong upward trend across various moving averages.
Ultramarine & Pigments Ltd is currently witnessing significant buying activity, with the stock surging by 20.00% today, in stark contrast to the Sensex, which has declined by 0.36%. Over the past week, Ultramarine & Pigments has demonstrated impressive performance, gaining 37.31%, while the Sensex has only increased by 3.49%. This trend continues over longer periods, with the stock up 49.74% year-on-year compared to the Sensex's 11.63%.

The stock has shown consecutive gains for the last five days, accumulating a total return of 24.51% during this period. Today, it reached an intraday high of Rs 553, reflecting a 10.38% increase. The stock has also exhibited high volatility, with an intraday volatility of 5.46%. Notably, Ultramarine & Pigments is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

The robust buying pressure may be attributed to various factors, including market sentiment and sector performance, as Ultramarine & Pigments outperformed its sector by 7.62% today.
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Our weekly and monthly stock recommendations are here
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