Umang Dairies Ltd. Reaches All-Time High, Outperforms Sector and Sensex

Jul 01 2024 09:20 AM IST
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Umang Dairies Ltd., a microcap FMCG company, has reached an all-time high price on July 1st, 2024. With a 'Hold' rating from MarketsMojo, the stock has outperformed the sector by 4.36% today and has shown a 17.49% increase in returns over the past three days. It is currently trading above its moving averages, indicating a positive trend, and has shown a strong performance in the past year compared to the Sensex.

Umang Dairies Ltd., a microcap FMCG company, has recently reached an all-time high price on July 1st, 2024. According to MarketsMOJO, the stock is currently rated as 'Hold'. The stock has been performing well in the market, outperforming the sector by 4.36% today. It has also been gaining for the past three days, with a 17.49% increase in returns during this period.

Today, the stock opened with a gain of 4.36% and touched an intraday high of Rs. 112.5. It has been trading at this price since then, showing no range. The stock has also been highly volatile, with an intraday volatility of 5.51% calculated from the weighted average price.

Umang Dairies Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend in the stock's performance.

In the past year, Umang Dairies Ltd. has shown a strong performance with a 80.69% increase, while the Sensex has only seen a 22.09% increase. This showcases the company's potential for growth and success in the FMCG industry.

Investors should keep an eye on Umang Dairies Ltd. as it continues to make strides in the market and maintain its strong performance. However, it is important to note that this article is based on factual information and does not offer any recommendations or mention any potential future growth or investor interest.
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