Deepak Fertilizers & Petrochemicals Corp Ltd Reaches All-Time High Stock Price, Receives 'Buy' Call from MarketsMOJO
Deepak Fertilizers & Petrochemicals Corp Ltd, a midcap company in the fertilizer industry, has reached an all-time high stock price of Rs.1405 on November 7th, 2024. The stock has shown consecutive gains for the last 4 days, resulting in a 13% increase in returns. It is currently trading higher than its moving averages and has shown impressive growth of 121.20% in the past year.
Deepak Fertilizers & Petrochemicals Corp Ltd, a midcap company in the fertilizer industry, has recently reached an all-time high stock price of Rs.1405 on November 7th, 2024. This positive trend has been recognized by MarketsMOJO, who have given a 'Buy' call for the stock.
The company's stock has been performing well in the market, with today's price hitting a new 52-week high. It has also been inline with the sector's performance and has shown consecutive gains for the last 4 days, resulting in a 13% increase in returns. The stock has been trading at a steady price of Rs.1405 since its opening.
In addition, Deepak Fertilizers & Petrochemicals Corp Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its stock price.
Compared to the Sensex performance of 23.72%, the company's stock has shown an impressive 121.20% growth in the past year. This further solidifies its position as a strong player in the fertilizer industry.
With its recent all-time high stock price and positive performance in the market, Deepak Fertilizers & Petrochemicals Corp Ltd is definitely a company to watch out for. Investors can consider adding this midcap stock to their portfolio for potential growth and returns.
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