Umang Dairies Ltd. Hits 52-Week High, Outperforms Sector and Moving Averages

Umang Dairies Ltd., a microcap company in the FMCG industry, has recently reached a new milestone in its stock price. On July 16, 2024, the company's stock price hit a 52-week high of Rs.123. This positive movement in the stock price has caught the attention of investors and market analysts.

According to MarketsMOJO, a leading stock analysis and recommendation platform, Umang Dairies Ltd.'s stock call is currently 'Hold'. The stock has also outperformed the sector by 4.6% and has been on a consecutive gain for the last 3 days, with a 7.49% increase in returns during this period. Additionally, the stock opened with a gain of 2.54% today and touched an intraday high of Rs.123, which is a 5.99% increase.

Umang Dairies Ltd.'s stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the company's performance. This is further supported by the fact that the company's 1-year performance is at an impressive 105.09%, compared to the Sensex's performance of 22.34%.

Umang Dairies Ltd. has been making steady progress in the FMCG industry and its recent stock price movement is a testament to its growth. With a strong performance and positive outlook, the company is poised for further success in the future.