Zuari Agro Chemicals Receives 'Hold' Rating and Shows Strong Performance in Fertilizer Industry

Zuari Agro Chemicals, a microcap company in the fertilizer industry, has been given a 'Hold' rating by MarketsMOJO. The company's stock has been performing well in the market, with a current price of Rs 201.50 on the NSE.

In recent bulk deals, Graviton Research Capital Llp has been actively buying and selling shares of Zuari Agro Chemicals. On 2nd January 2024, the company bought 2.53 lakh shares at Rs 201.28 and sold the same number of shares at Rs 201.50. Similarly, on 1st January 2024, they bought 2.55 lakh shares at Rs 197.60 and sold them at Rs 197.95. On 26th December 2023, they bought 2.2 lakh shares at Rs 195.40 and sold them at Rs 195.03. On 22nd December 2023, they bought 2.6 lakh shares at Rs 188.58 and sold them at Rs 188.60. And on 13th December 2023, they bought 3.02 lakh shares at Rs 189.29 and sold them at Rs 189.55.

Despite a recent fall of -1.48% in the stock's returns, Zuari Agro Chemicals has outperformed the sector by 0.84% today. The stock has also been trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In comparison to the Sensex, the company's performance in the last 1 day and 1 month has been -0.66% and 9.56%, respectively, while the Sensex has performed at 0.25% and 3.94%.

Overall, Zuari Agro Chemicals has been showing a positive trend in the market and has been performing well in the fertilizer industry. With a 'Hold' rating from MarketsMOJO, it will be interesting to see how the company's stock continues to perform in the coming days.