Umang Dairies Ltd. Hits 52-Week High, Outperforms Sector with Strong Performance
Umang Dairies Ltd., a microcap company in the FMCG industry, has hit a 52-week high on January 20, 2024, with a current price of Rs.83.7. The stock has outperformed the sector by 3.73% and is trading higher than its moving averages, indicating a positive trend. Its strong performance and potential for growth make it a promising stock in the FMCG sector.
Umang Dairies Ltd., a microcap company in the FMCG industry, has recently hit a 52-week high on January 20, 2024. The stock has been performing well in the market, with a current price of Rs.83.7. MarketsMOJO has given a 'Sell' call for the stock.
In today's trading session, Umang Dairies has outperformed the sector by 3.73%, showing a consecutive gain for the last 2 days and a rise of 12.69% in that period. The stock opened with a gain of 2% and touched an intraday high of Rs.83.7, showing high volatility with an intraday volatility of 51.63%.
Umang Dairies is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance.
In the past year, Umang Dairies has shown a strong performance with a 25.19% increase, outperforming the Sensex's performance of 18.00%. This showcases the company's potential for growth and success in the FMCG industry.
Investors and experts have taken notice of Umang Dairies' recent success, making it a promising stock to watch in the market. With its strong performance and positive outlook, Umang Dairies is definitely a company to keep an eye on in the FMCG sector.
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