Paradeep Phosphates Shows Strong Performance Amid Positive Market Trends

Paradeep Phosphates, a midcap player in the fertilizers industry, has shown significant activity today, gaining 5.0% on March 24, 2025. The stock has outperformed its sector by 3.46%, marking its fourth consecutive day of gains, with a total return of 10.96% over this period. The stock reached an intraday high of Rs 100.07, reflecting a rise of 5.04%.
In terms of moving averages, Paradeep Phosphates is currently above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day moving averages. This performance comes amid a positive market backdrop, with the Sensex opening higher and currently trading at 77,548.82, up 0.84%. The Sensex has gained 5.94% over the past three weeks, with small-cap stocks leading the market today.

Over the past month, Paradeep Phosphates has delivered a return of 14.05%, significantly outperforming the Sensex's 4.20% increase. However, its performance over the last three months shows a decline of 9.30%, compared to the Sensex's smaller drop of 1.13%. Over the past year, Paradeep Phosphates has achieved a remarkable 47.48% increase, while the Sensex has risen by 6.52%.