Deepak Fertilizers & Petrochemicals Corp Ltd's Stock Soars, Outperforming Sector and Setting New Highs

Deepak Fertilizers & Petrochemicals Corp Ltd, a midcap company in the fertilizers industry, has been making headlines with its recent stock performance. On November 6th, the company's stock gained 5.03%, outperforming the sector by 2.56%. This marks the third consecutive day of gains for the stock, with a total rise of 11.15% in the past three days.

The stock also hit a new 52-week and all-time high of Rs.1392.75 on the same day. This is a significant milestone for the company, showcasing its strong performance and potential for growth. In fact, MarketsMOJO has given a 'Buy' call for the stock, further solidifying its positive outlook.

Deepak Fertilizers & Petrochemicals Corp Ltd is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. This is in line with the overall performance of the fertilizers sector, which has gained 2.02%.

In comparison to the Sensex, Deepak Fertilizers & Petrochemicals Corp Ltd has outperformed with a 1-day performance of 4.41% versus the Sensex's 0.73%. Its 1-month performance is also impressive, with a 27.15% increase compared to the Sensex's -2.00%.

Overall, Deepak Fertilizers & Petrochemicals Corp Ltd is showing strong growth and potential in the fertilizers industry. With its recent stock performance and positive outlook, it is definitely a company to keep an eye on.