Bhagiradha Chemicals Exhibits High Volatility Amid Broader Market Decline

Bhagiradha Chemicals & Industries has shown significant activity today, gaining 7.26% on May 9, 2025. This performance notably outpaced the broader market, as the Sensex declined by 1.22%. The stock opened lower, with a gap down of 3.42%, but managed to recover, reaching an intraday high of Rs 291.1, reflecting an increase of 8.1% from its previous close. The stock also experienced a low of Rs 260.1 during the trading session, indicating high volatility with an intraday fluctuation of 5.59%.
In terms of moving averages, Bhagiradha Chemicals is currently above its 5-day and 20-day moving averages, yet remains below the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has slightly declined by 0.69%, while it has shown a robust annual performance with a gain of 67.79%. Additionally, the stock has demonstrated impressive long-term growth, with a remarkable increase of 960.58% over the past five years, significantly outperforming the Sensex during the same period.