Coromandel International Achieves 52-Week High Amid Broader Market Decline

Apr 01 2025 11:44 AM IST
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Coromandel International's stock reached a new 52-week high of Rs. 2044, demonstrating strong performance despite a broader market downturn. The company has outperformed its sector and delivered impressive annual returns of 80.09%, significantly exceeding the Sensex's growth. The stock shows consistent upward momentum across various moving averages.
Coromandel International, a prominent player in the fertilizers industry, has made headlines today as its stock price reached a new 52-week high of Rs. 2044. This milestone was achieved amid a broader market downturn, with the Sensex experiencing a significant drop of 677.70 points, or 1.56%. Despite the challenging market conditions, Coromandel International's stock has outperformed its sector by 1.01% today, reflecting its strong market position.

The stock has shown consistent upward momentum, gaining 1.93% over the past two days. Notably, it touched an intraday high of Rs. 2044, marking a 3.23% increase for the day. Coromandel International is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance trend.

Over the past year, Coromandel International has delivered impressive returns of 80.09%, significantly outpacing the Sensex's performance of 2.96%. The stock's 52-week low stands at Rs. 1071.05, highlighting its substantial growth over the year.
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