Nagarjuna Fertilizers Hits Upper Circuit Limit Amid Strong Investor Demand and Market Momentum

Jun 02 2025 10:05 AM IST
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Nagarjuna Fertilizers & Chemicals Ltd has gained attention by reaching its upper circuit limit, with a notable increase in stock price. The company has shown consistent growth over the past week, supported by strong trading volume and heightened investor participation, indicating a positive market position in the fertilizers sector.
Nagarjuna Fertilizers & Chemicals Ltd, a microcap player in the fertilizers industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 6.11, reflecting a notable increase of 0.29, or 4.98%, from its previous close. This performance is particularly impressive as it outperformed its sector by 5.24% and has shown a consistent upward trend, gaining for the last seven days with a cumulative return of 24.71%.

The stock's trading activity was robust, with a total traded volume of approximately 10.69 lakh shares and a turnover of Rs 0.65 crore. The intraday low was recorded at Rs 6.01, indicating a strong demand that pushed the price to its peak. Additionally, the stock's delivery volume on May 30 saw a significant rise of 55.56% compared to the five-day average, highlighting increased investor participation.

In terms of moving averages, Nagarjuna Fertilizers is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. Overall, the stock's performance today underscores its strong market position within the fertilizers sector, reflecting positive momentum and investor interest.
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