Posted On: August 21, 2023

Stock Report: DYNPRO(NSE) 20 Aug 2023 

Outlook: BULLISH

Sector: Basic Materials   

Industry: Specialty Chemicals 

Dynamic Products Ltd is an India-based food color manufacturing company. It is engaged in manufacturing and exporting food colors, lake colors, blended colors, FD&C colors, dyes, and dyes intermediates, salt-free dyes, D&C colors, and natural food colors. The reporting segment of the company is the manufacturing and marketing of Dyes and Dyes Intermediates. The group operates in India, and internationally. 

#xCalData predicts that # DYNPRO will continue its bullish phase over the next five days and trend within the range of 325 to 354. 

In comparison to the previous month, the price of the stock has experienced an increase of   22.33% indicating a bullish.   

The Stock has doubled 2 time(s) since 10 Aug 2017 and took an average of 1.8 years to double.      

The stock has not shown seasonality trend in the past.

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely   Relative Strength, Trendline indicates Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

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