Deepak Fertilizers Faces Consecutive Losses Amid Broader Market Decline

Deepak Fertilizers & Petrochemicals Corp has experienced a notable decline today, with the stock down by 5.03% as of February 12, 2025. This midcap player in the fertilizers industry has underperformed its sector, which has seen a decrease of 3.21%. Over the past three days, Deepak Fertilizers has faced consecutive losses, totaling a significant 11.82% drop in returns.
During today's trading session, the stock reached an intraday high of Rs 1105.1, reflecting a modest gain of 2.14%, but it also hit a low of Rs 1035, marking a decline of 4.34%. In terms of moving averages, the stock is currently positioned higher than its 200-day moving average, yet it remains below the 5-day, 20-day, 50-day, and 100-day moving averages, indicating a mixed performance trend.

In the broader market context, Deepak Fertilizers' one-day performance of -4.99% contrasts with the Sensex, which has declined by only 1.01%. Over the past month, the stock has fallen by 10.32%, while the Sensex has seen a more moderate decrease of 2.40%.