Mangalore Chemicals & Fertilizers Achieves All-Time High Amid Market Volatility

Mangalore Chemicals & Fertilizers has made headlines today as its stock price reached an all-time high of Rs. 259.7, marking a significant milestone for the small-cap company in the fertilizers industry. Despite this achievement, the stock experienced a slight decline of 0.87% today, which is in line with the broader market, as the Sensex fell by 0.97%.
The stock has shown remarkable performance over various time frames, with a year-to-date increase of 66.99%, significantly outperforming the Sensex's 3.41% gain. Over the past year, Mangalore Chemicals & Fertilizers has surged by 127.11%, while the Sensex managed only an 8.87% increase. The three-year and five-year performances are particularly noteworthy, with gains of 175.93% and 644.20%, respectively, compared to the Sensex's 48.73% and 163.43%.

Today’s trading session was characterized by high volatility, with an intraday volatility of 48.68%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price trajectory.