Southern Petrochemical Industries Reaches All-Time High Amid Strong Market Performance

Southern Petrochemical Industries Corporation has shown remarkable performance today, reflecting its strong position in the fertilizers industry. The stock reached an intraday high of Rs 114.75, marking a 6.26% increase, and has gained 9.75% over the last two days. Notably, it has outperformed its sector by 3.88% today and is just 3.03% away from its 52-week high of Rs 117.45.
In terms of broader performance metrics, Southern Petrochemical has delivered impressive returns across various time frames. Over the past month, the stock has surged by 25.19%, while its year-to-date performance stands at an impressive 59.60%. The company has also demonstrated a strong ability to service its debt, with a low Debt to EBITDA ratio of 1.18 times, and its operating profit has grown at an annual rate of 31.47%.

Institutional investors have shown increasing confidence, raising their stake by 1.65% in the last quarter, now holding 6.82% of the company. With a robust return on capital employed (ROCE) of 13.2 and attractive valuations compared to peers, Southern Petrochemical Industries Corporation continues to solidify its market position.