Mangalore Chemicals & Fertilizers Stock Reaches All-Time High, Outperforms Sector and Sensex

Mangalore Chemicals & Fertilizers, a smallcap company in the fertilizer industry, has been making headlines recently as its stock price reached an all-time high on November 29, 2024. The company's stock has been performing well, with a 'Hold' call from MarketsMOJO.

Currently, the stock is trading close to its 52-week high of Rs 163.5, with a performance today that underperformed the sector by -1.02%. However, the stock has been on a consecutive gain for the last 5 days, with a rise of 12.81% in that period. It also touched an intraday high of Rs 159.45, showing a 3.54% increase.

In terms of moving averages, Mangalore Chemicals & Fertilizers is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In the fertilizer sector, Mangalore Chemicals & Fertilizers has gained by 4.58%, showing a strong performance in the industry. In the past year, the company's stock has outperformed the Sensex with a 49.60% increase, compared to the Sensex's 19.33% performance.

Overall, Mangalore Chemicals & Fertilizers has been showing promising growth and performance in the market, making it a company to watch out for in the fertilizer industry.