Why is Dugar Housing falling/rising?
As of 18-Sep, Dugar Housing Developments Ltd is seeing a price increase to Rs. 182.90, marking a 1.98% rise and a new all-time high. The stock has gained 51.14% over the last 21 days and significantly outperformed the Sensex, with a year-to-date return of +1189.84%.
As of 18-Sep, Dugar Housing Developments Ltd is experiencing a price increase, currently at Rs. 182.90, which reflects a rise of Rs. 3.55 or 1.98%. The stock has recently hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, resulting in a remarkable 51.14% return during this period. Additionally, the stock has outperformed its sector by 1.92%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 38.89% against the 5-day average, suggesting heightened interest in the stock.In the broader market context, Dugar Housing's short-term performance has significantly outpaced the benchmark Sensex, with a 1-week return of +10.31% compared to the Sensex's +1.80%, and a 1-month return of +54.16% against the Sensex's +2.14%. This stark contrast highlights the stock's strong performance relative to the market. The year-to-date return of an astounding +1189.84% further emphasizes its exceptional growth compared to the Sensex's +6.24%. Overall, the combination of strong price movement, positive investor sentiment, and substantial outperformance relative to the benchmark contributes to the rising trend in Dugar Housing's stock price.
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