Coromandel International Faces Short-Term Decline Amid Strong Long-Term Growth Trends

Coromandel International, a prominent player in the fertilizers industry, experienced a decline of 3.17% on May 29, 2025. This performance marks a notable underperformance compared to the sector, trailing by 1.94%. The stock has faced consecutive losses over the past two days, accumulating a total drop of 3% during this period. On this trading day, Coromandel touched an intraday low of Rs 2322, reflecting a decrease of 3.04%.
Despite the recent downturn, Coromandel International has shown strong performance metrics over longer time frames. Over the past month, the stock has gained 3.28%, and its impressive one-year performance stands at 80.20%, significantly outpacing the Sensex, which has risen by 9.18% in the same period. Additionally, the stock has demonstrated remarkable growth over three years, with a staggering increase of 146.99%, and an impressive 259.85% rise over five years.

In terms of moving averages, Coromandel International is currently positioned above its 50-day, 100-day, and 200-day moving averages, although it is below its 5-day and 20-day averages. As the market continues to evolve, Coromandel remains a key player in the fertilizers sector.