Fairchem Organics Shows Strong Performance Amid High Volatility in Chemicals Sector

Jan 20 2025 01:20 PM IST
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Fairchem Organics, a small-cap chemicals company, experienced notable trading activity on January 20, 2025, with significant intraday volatility. The stock reached a high of Rs 1,131.90 and is currently positioned above several moving averages, while showing a decline over the past month compared to the Sensex.
Fairchem Organics, a small-cap player in the chemicals industry, has shown significant activity today, with a notable increase of 7.93% on January 20, 2025. This performance outpaced its sector by 7.54%, highlighting its strong position relative to peers. During the trading session, the stock reached an intraday high of Rs 1,131.90, reflecting a gain of 9.96%, while the intraday low was Rs 995.95, indicating a decline of 3.25%.

The stock exhibited high volatility, with an intraday volatility rate of 9.81%. In terms of moving averages, Fairchem Organics is currently above the 5-day, 50-day, and 100-day moving averages, but below the 20-day and 200-day moving averages. Over the past day, the stock's performance stood at 8.23%, significantly outperforming the Sensex, which gained 0.84%. However, it has experienced a decline of 10.00% over the past month, contrasting with a 1.00% decrease in the Sensex.
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