Chambal Fertilisers & Chemicals Stock Sees Short-Term Dip, But Long-Term Performance Remains Strong

Chambal Fertilisers & Chemicals, a leading player in the fertilizer industry, saw a dip in its stock price on September 5th, 2024. The company's stock lost -3.27% on that day, underperforming the sector by -3.06%. The stock call for Chambal Fertilisers & Chemicals by MarketsMOJO is 'Hold'.

The stock opened at Rs 530 and touched an intraday low of Rs 514.1, a decrease of -3.24%. However, the stock is still performing well in the long term, with its moving averages higher than 20 day, 50 day, 100 day, and 200 day moving averages. It is only lower than the 5 day moving average.

In comparison to the overall market performance, Chambal Fertilisers & Chemicals' stock saw a decline of -3.35% while the Sensex only saw a decrease of -0.18% on the same day. However, in the past month, the stock has shown a positive growth of 2.78%, slightly lower than the Sensex's performance of 4.37%.

Chambal Fertilisers & Chemicals has been a major player in the fertilizer industry for many years and has a strong presence in the market. The company's stock may have seen a dip in the short term, but its long term performance and stability make it a reliable investment option for investors. With its consistent growth and strong position in the industry, Chambal Fertilisers & Chemicals continues to be a top choice for investors in the largecap category.