EID Parry Stock Hits 52-Week High Amid Broader Market Decline

EID Parry (India), a prominent player in the fertilizers industry, has made headlines today as its stock price reached a new 52-week high of Rs. 1195.15. This milestone reflects a significant upward trend, with the stock outperforming its sector by 0.51%. Over the past two days, EID Parry has shown a consecutive gain, delivering a return of 2.42%.
Despite this positive performance, the stock experienced an intraday low of Rs. 1158.25, marking a decline of 2.01% at one point during the trading session. However, EID Parry remains robust, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.

In the broader market context, the Sensex opened flat but subsequently fell by 595.78 points to close at 82,184.17, reflecting a negative sentiment. Notably, EID Parry's one-year performance stands at an impressive 52.41%, significantly outpacing the Sensex's 2.54% over the same period. The stock's 52-week low was recorded at Rs. 639.3, highlighting its substantial recovery and growth trajectory.