Umang Dairies Ltd Shows Resilience with Strong Market Performance and Increased Trading Activity
Umang Dairies Ltd, a microcap in the FMCG sector, reached its upper circuit limit today, with a last traded price of Rs 81.79. The stock has shown strong performance, gaining for four consecutive days and outperforming its sector. It remains above its short-term moving averages, indicating positive momentum.
Umang Dairies Ltd, a microcap player in the FMCG sector, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 82.09. The stock experienced a notable change of Rs 3.6, translating to a percentage increase of 4.6%. The last traded price stood at Rs 81.79, reflecting strong performance in the market.Throughout the trading session, Umang Dairies recorded an intraday low of Rs 78.19 and a total traded volume of 0.0142 lakh shares, resulting in a turnover of approximately Rs 0.0115 crore. The stock has outperformed its sector by 1.37% and has been on a positive trajectory, gaining for four consecutive days with a total return of 18.34% during this period.
In terms of moving averages, the stock is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Despite a decline in delivery volume, the stock maintains sufficient liquidity for trading. Overall, Umang Dairies Ltd's performance today underscores its resilience in the FMCG market.
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