Coromandel International Faces Short-Term Decline Amid Broader Market Trends

Coromandel International, a prominent player in the fertilizers industry, experienced a decline of 3.37% on April 9, 2025. The stock underperformed the sector by 1.58%, reflecting broader market trends as the Sensex also faced a downturn, closing down 0.51% at 73,850.32.
During the trading session, Coromandel International reached an intraday high of Rs 2,099.7, marking a 2.42% increase, but fell to a low of Rs 1,987.25, representing a 3.06% decrease. Despite today's performance, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is currently below its 5-day moving average.

In terms of longer-term performance, Coromandel International has shown resilience, with a 72.84% increase over the past year, significantly outperforming the Sensex, which has seen a slight decline of 1.12% in the same period. Over the last five years, the stock has surged by 275.21%, compared to the Sensex's 137.01% increase, highlighting its strong market position within the fertilizers sector.