FACT stock sees -3.55% decline, remains strong

Fertilizers & Chemicals Travancore (FACT) is a leading player in the fertilizers industry, with a largecap size. On December 20, 2023, the company's stock saw a decline of -3.55%, closing at Rs 771.85. This performance was in line with the overall sector, which also saw a fall of -3.41%.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for FACT is 'Hold'. The stock has been on a consecutive fall for the last 2 days, with a decline of -3.34% during this period. It also touched an intraday low of Rs 769.35, a decrease of -4.77%.

Despite the recent decline, FACT's moving averages are still higher than the 20 day, 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day moving average, indicating a short-term downward trend.

In comparison to the overall market performance, FACT's 1 day and 1 month performance have been -3.21% and 9.36% respectively, while the Sensex has seen a decline of -0.63% and an increase of 8.12% in the same time periods.

FACT has been a key player in the fertilizers industry for many years and continues to be a major contributor to the sector's growth. While the recent stock performance may be a cause for concern, it is important to note that the company's fundamentals remain strong. Investors are advised to do their own research and consult with a financial advisor before making any investment decisions.