Deepak Fertilizers & Petrochemicals Corp Hits 52-Week High, Outperforms Sector

Deepak Fertilizers & Petrochemicals Corp, a midcap company in the fertilizer industry, has recently hit a 52-week high on July 5th, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO. On July 5th, the stock reached a new high of Rs.775.05, outperforming the sector by 1.8%. This marks the sixth consecutive day of gains for the company, with a 16.19% increase in returns during this period. The stock also opened with a gain of 2.64% today and touched an intraday high of Rs.775.05, a 3.33% increase. Deepak Fertilizers & Petrochemicals Corp is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company has shown a strong performance with a 33.23% increase, outperforming the Sensex's performance of 21.58%. This showcases the company's growth and stability in the market. With its recent 52-week high and consistent positive performance, Deepak Fertilizers & Petrochemicals Corp is a company to watch in the fertilizer industry.