Mangalore Chemicals & Fertilizers Stock Reaches All-Time High, Signaling Strong Market Confidence

Mangalore Chemicals & Fertilizers has made headlines today as its stock price reached an all-time high of Rs. 206, marking a significant milestone for the small-cap company in the fertilizers industry. The stock has shown impressive performance, outperforming its sector by 2.12% today, while the broader Sensex index declined by 0.26%.
In the past two days, Mangalore Chemicals & Fertilizers has recorded a consecutive gain of 4.36%, reflecting a strong upward trend. The stock opened with a notable gain of 2.02% and peaked at an intraday high of Rs. 206, representing a 2.87% increase from the previous close.

Analyzing its performance over various time frames, Mangalore Chemicals & Fertilizers has demonstrated robust growth. Over the past month, the stock has surged by 32.96%, significantly outpacing the Sensex's 2.46% gain. Year-to-date, the stock has risen by 33.01%, and over the last year, it has achieved a remarkable 74.34% increase compared to the Sensex's 8.19%. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.