Deepak Fertilizers Shows Notable Reversal Amid Broader Market Challenges

Deepak Fertilizers & Petrochemicals Corp has shown a significant uptick today, gaining 6.13% as of March 4, 2025. This performance stands out as it has outperformed the broader sector by 5%, marking a notable trend reversal after six consecutive days of decline. The stock reached an intraday high of Rs 990, reflecting a 6.8% increase, while the day's low was recorded at Rs 906.75.
Despite this positive movement, Deepak Fertilizers is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed technical outlook. Over the past week, the stock has seen a decline of 7.01%, and its performance over the last month shows a decrease of 11.57%. However, on a yearly basis, Deepak Fertilizers has impressively surged by 94.85%, significantly outperforming the Sensex, which has experienced a slight decline of 1.25%.

In the context of the broader market, the Sensex opened lower today and is currently trading at 72,950.11, down 0.19%. The market has faced challenges, with the Sensex down 3.94% over the past three weeks. Nonetheless, the small-cap segment is leading the market, with the BSE Small Cap index gaining 1.61%.