Mangalore Chemicals & Fertilizers Reaches All-Time High Amid Strong Market Performance

Mangalore Chemicals & Fertilizers has shown remarkable performance in the stock market today, reaching an intraday high of Rs 227.55, reflecting a gain of 2.25%. The stock is currently just 1.15% away from its 52-week high of Rs 228.5 and has outperformed its sector by 1.17%. Over the past two days, Mangalore Chemicals has recorded a substantial increase of 10.46%, contributing to a year-to-date performance of 48.52%, significantly surpassing the Sensex's 2.91% gain.
In terms of moving averages, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. The one-day performance stands at 2.61%, compared to the Sensex's modest 0.24%. Over the past month, Mangalore Chemicals has surged by 46.14%, while its three-month and one-year performances are 39.88% and 94.67%, respectively. The five-year performance is particularly noteworthy, with a remarkable increase of 577.60%, compared to the Sensex's 145.75%. This consistent growth highlights the company's strong market position within the fertilizers industry.