Chambal Fertilisers & Chemicals' Stock Sees Dip, Underperforms Sector on September 19

Chambal Fertilisers & Chemicals, a leading player in the fertilizer industry, saw a dip in its stock price on September 19, 2024. The company's stock fell by -3.62%, underperforming the sector by -1.9%. This trend reversal comes after three consecutive days of gains for the stock.

On the same day, Chambal Fertilisers & Chemicals' stock touched an intraday low of Rs 508.4, a decrease of -2.37%. However, the stock is still performing well in the long term, with its moving averages higher than the 100-day and 200-day averages. It is worth noting that the stock is currently lower than the 5-day, 20-day, and 50-day moving averages.

In comparison to the overall market performance, Chambal Fertilisers & Chemicals' stock has underperformed, with a -3.40% decrease compared to the Sensex's 0.94% increase on the same day. However, in the past month, the stock has shown a positive performance of 1.29%, while the Sensex has increased by 4.10%.

MarketsMOJO has given a 'Hold' call for Chambal Fertilisers & Chemicals' stock, indicating a neutral stance. As a largecap company in the fertilizer industry, Chambal Fertilisers & Chemicals continues to be a key player in the market. Investors should keep an eye on the company's performance in the coming days.