Tuticorin Alkali Chemicals & Fertilizers Shows Strong Recovery Amid Sector Decline

Jan 13 2025 12:05 PM IST
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Tuticorin Alkali Chemicals & Fertilizers experienced a notable increase in stock performance, rebounding after previous declines and outperforming the chemicals sector. The stock showed high volatility during trading, reaching an intraday high and maintaining a positive trend above various moving averages, contrasting with broader market declines.
Tuticorin Alkali Chemicals & Fertilizers has shown significant activity today, with a notable increase of 15.45% on January 13, 2025. This performance marks a substantial turnaround after two days of decline, as the stock outperformed the chemicals sector by 21.64%. During the trading session, it reached an intraday high of Rs 106.38, reflecting a peak increase of 20%.

The stock demonstrated high volatility, with an intraday volatility rate of 9.74%, indicating active trading. Tuticorin Alkali is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive short-term trend.

In terms of broader market context, Tuticorin Alkali Chemicals & Fertilizers Ltd achieved a 1-day performance of 14.48%, while the Sensex experienced a decline of 0.78%. Over the past month, the stock has risen by 7.49%, contrasting with the Sensex's decrease of 6.52%. Despite the strong performance of Tuticorin Alkali, the overall chemicals sector has faced a decline of 2.25%.
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