Deepak Fertilizers Achieves 52-Week High Amid Broader Market Decline

Deepak Fertilizers & Petrochemicals Corp has made headlines today as its stock price reached a new 52-week high of Rs 1,645.55, marking a significant milestone for the company. This achievement comes amid a broader market environment where the Sensex has experienced a decline, falling by 424.54 points to 83,602.79. Despite this, Deepak Fertilizers has outperformed its sector by 2.82%, showcasing its resilience.
The stock has shown consistent upward momentum, gaining 3.29% over the last two days. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong technical performance. Over the past year, Deepak Fertilizers has delivered an impressive return of 143.97%, significantly outpacing the Sensex's 5.79% performance.

Financially, the company has demonstrated robust growth, with net sales reaching Rs 5,246.37 crore, a 33.19% increase over the last six months. Additionally, its operating profit has grown at an annual rate of 43.42%. With high management efficiency reflected in a return on capital employed (ROCE) of 17.68%, Deepak Fertilizers continues to solidify its position as a leader in the fertilizers industry.