Why is Dhampur.Spl.Sug. falling/rising?
As of 29-Oct, Dhampure Speciality Sugars Ltd's stock price has risen to Rs 87.50, up 3.7%, but investor participation is declining, with a significant drop in delivery volume. Despite a recent weekly gain of 5.51%, the stock is down 25.18% year-to-date, underperforming the Sensex's 8.78% gain, although it has shown strong long-term growth of 129.66% over three years.
As of 29-Oct, Dhampure Speciality Sugars Ltd is experiencing a price increase, with the current price at Rs 87.50, reflecting a rise of Rs 3.12 or 3.7%. The stock has outperformed its sector today by 2.43%, reaching an intraday high of Rs 87.8, which is a 4.05% increase. However, despite this positive movement, there are concerns regarding falling investor participation, as the delivery volume on 28 October decreased by 66.03% compared to the 5-day average. In terms of returns, the stock has shown a 5.51% increase over the past week, although it remains down 25.18% year-to-date and 12.63% over the past year, indicating a mixed performance overall.In the broader market context, the Sensex has increased by 0.68% over the past week, which suggests that while Dhampure Speciality Sugars Ltd is performing well in the short term, it is lagging behind the benchmark in the longer term, particularly with a year-to-date decline compared to the Sensex's gain of 8.78%. The stock's performance over three years is notably strong at 129.66%, significantly outpacing the Sensex's 41.76% increase, indicating that while recent trends show volatility, the stock has historically provided substantial returns.
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