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

Jul 02 2024 09:25 AM IST
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Umang Dairies Ltd., a microcap FMCG company, has seen a surge in its stock price, reaching an all-time high on July 2nd, 2024. The stock has outperformed the sector and is currently trading above its moving averages. With a remarkable growth of 86.68% in the past year, the company shows a strong position in the market.

Umang Dairies Ltd., a microcap FMCG company, has recently seen a surge in its stock price, reaching an all-time high on July 2nd, 2024. The stock has been performing well in the market, with MarketsMOJO giving it a 'Hold' rating.

Currently, the stock is trading at a price that is 1.23% away from its 52-week high of Rs 119.4. It has also outperformed the sector by 0.98% in today's trading session. The stock has been on a consecutive gain for the last 4 days and has seen a significant increase of 23.19% in this period. The stock opened at 117.95 and has since maintained this price.

Umang Dairies Ltd. is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. In the past year, the company has shown a remarkable growth of 86.68%, outperforming the Sensex's performance of 23.09%.

Umang Dairies Ltd. is a microcap company in the FMCG industry, and its recent stock performance reflects its strong position in the market. With a 'Hold' rating from MarketsMOJO, investors can keep a close eye on this company's future growth potential.
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