Mangalore Chemicals & Fertilizers Achieves 52-Week High Amidst Market Decline

Mangalore Chemicals & Fertilizers has made headlines today as its stock price reached a new 52-week high of Rs. 259.7. This milestone was achieved on May 22, 2025, reflecting the company's strong performance in the fertilizers sector. Despite this achievement, the stock underperformed its sector by 0.35% today, indicating a slight dip in momentum after three consecutive days of gains.
In terms of moving averages, Mangalore Chemicals & Fertilizers is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend over various time frames. Over the past year, the stock has shown impressive growth, with a performance increase of 126.36%, significantly outpacing the Sensex, which has risen by only 8.97% during the same period.

In the broader market context, the Sensex has experienced a decline, falling by 556.68 points to 80,766.37, following a negative opening. This backdrop highlights the resilience of Mangalore Chemicals & Fertilizers amidst a challenging market environment. The stock's 52-week low stands at Rs. 95.1, further emphasizing its remarkable recovery over the past year.