Coromandel International's Stock Sees -3.25% Decline, Underperforms Market in October 2024

Coromandel International, a leading player in the fertilizer industry, saw a decline of -3.25% in its stock price on October 4th, 2024. This was in line with the overall performance of the sector, which saw a fall of -3.12%. The stock has been on a downward trend for the past two days, with a consecutive fall of -5.88% during this period.

According to MarketsMOJO, a stock market analysis and recommendation platform, the current call for Coromandel International's stock is 'Sell'. The stock touched an intraday low of Rs 1623.2, which is a decrease of -3% from its previous closing price. However, the stock is still performing better than the sector's average, as it is higher than the 100-day and 200-day moving averages.

In comparison to the overall market performance, Coromandel International's stock has underperformed. While the Sensex saw a decline of -1.00%, the stock's performance was -3.25% on the same day. Similarly, in the past month, the stock has seen a decline of -6.51%, while the Sensex's performance was only -0.83%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of Coromandel International's recent stock performance. This is not a recommendation to buy or sell the stock, and it is advised to do further research and consult with a financial advisor before making any investment decisions.