DFM Foods continues significant uptrend
DFM Foods Ltd. (NSE:DFMFOODS), India's 10th largest Packaged foods company by market cap, has increased Rs1.80 (0.6%) from its previous trading session to close at Rs287.25. Compared with the BSE SENSEX Index which fell 181.4 points (0.4%) in the day, the relative price increase was 1.1%. There were 37,328 shares worth Rs10.7 million (US$150,254) traded today. The volume of 37,553 shares was close to average trading.
Technical indicators complementing today's significant uptrend:
+ The positive 9.1 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The stock has outperformed 88% of the Indian market over the past 6 months.
+ In the last one month the stock has hit a new 52-week high six times and in the last three months once.
+ The price soared 14.9% in the last week and 16.8% in the last month.
+ The present value of Rs1,000 invested one year ago is Rs1,403 [vs Rs1,169 for the BSE SENSEX Index].