Coromandel International Faces Consecutive Losses Amid Broader Fertilizer Sector Decline

Coromandel International, a prominent player in the fertilizers industry, has experienced a notable decline of 3.63% on January 27, 2025. This drop aligns with a broader trend in the sector, which has seen an overall decrease of 2.58%. Over the past two days, Coromandel International has faced consecutive losses, totaling a decline of 3.96% during this period.
The stock reached an intraday low of Rs 1766.6, reflecting a decrease of 2.89% at its lowest point today. An analysis of moving averages indicates that the stock is currently above its 100-day and 200-day moving averages, yet it remains below the 5-day, 20-day, and 50-day moving averages, suggesting mixed short-term performance.

In terms of broader market performance, Coromandel International's one-day decline of 3.63% contrasts with the Sensex, which fell by only 0.46%. Over the past month, the stock has recorded a decline of 5.20%, compared to the Sensex's decrease of 3.64%. These metrics highlight the stock's recent challenges within the context of the overall market and sector performance.