Tuticorin Alkali Shows Signs of Recovery Amid Ongoing Market Volatility

Feb 17 2025 03:05 PM IST
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Tuticorin Alkali Chemicals & Fertilizers saw a significant rebound on February 17, 2025, after five days of decline, outperforming the broader sector. The stock experienced high volatility during the session, reaching an intraday high while remaining below key moving averages, indicating ongoing challenges in sustaining upward momentum.
Tuticorin Alkali Chemicals & Fertilizers has experienced a notable uptick of 7.05% on February 17, 2025, marking a significant turnaround after five consecutive days of decline. The stock's performance today outpaced the broader sector by 7.5%, indicating a potential shift in market sentiment.

During the trading session, Tuticorin Alkali reached an intraday high of Rs 84.73, reflecting an increase of 8.63%, while it also saw a low of Rs 75.18, which represented a decrease of 3.62%. The stock exhibited high volatility, with an intraday fluctuation of 5.97%, calculated from the weighted average price.

Despite today's gains, Tuticorin Alkali remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting ongoing challenges in maintaining upward momentum. Over the past month, the stock has declined by 9.63%, contrasting with a slight decrease of 0.84% in the Sensex. This performance highlights the stock's current market position within the chemicals industry as it navigates through fluctuating trends.
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