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

Mangalore Chemicals & Fertilizers has made headlines today as its stock price reached an all-time high of Rs. 310, marking a significant milestone for the small-cap company in the fertilizers industry. The stock has shown remarkable performance, outperforming its sector by 0.73% and achieving a consecutive gain over the past eight days, with a total return of 14.19% during this period.
Today's trading session saw the stock touch an intraday high of Rs. 310, reflecting a 2.41% increase. Notably, the stock exhibited high volatility, with an intraday volatility rate of 234.16%, indicating substantial price fluctuations throughout the day.

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 strong upward trend.

The company's performance metrics over various time frames are impressive, with a 1-year return of 140.76% compared to the Sensex's 2.32%, and a staggering 708.49% increase over the past five years, significantly outpacing the Sensex's 117.50% growth during the same period.