Zuari Agro Chemicals Ltd Surges 4.99%, Marks 10.23% Gain Over Two Days Amid High Volatility

Zuari Agro Chemicals Ltd is currently witnessing significant buying activity, with the stock gaining 4.99% today, outperforming the Sensex, which rose only 0.14%. Over the past week, Zuari has shown a robust performance with a 4.49% increase, while the Sensex declined by 0.77%. Notably, the stock has experienced consecutive gains over the last two days, accumulating a total return of 10.23%.
The stock opened with a gap up of 4.99% and reached an intraday high of Rs 263.9. Despite trading within a narrow range of Rs 0.2, the stock exhibited high volatility, with an intraday volatility of 309.59%. In terms of moving averages, Zuari Agro Chemicals is currently above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day moving averages.

The strong buying pressure may be attributed to various factors, including recent market trends and sector performance, as the stock has outperformed its sector by 4.82% today. Over the past year, Zuari has delivered a notable return of 25.07%, significantly higher than the Sensex's 4.84% increase.