Stock of Interest

Posted On: August 10, 2023

Stock Report: NACLIND(NSE) 09 Aug 2023 

NACL Industries Limited, formerly known as Chemagro International Limited, established in 1993, has made a significant mark in the Agrochemical sector. Initially focused on producing Agrochemical Active Ingredients, the company has grown to become a reliable name in the agricultural community. Today, NACL is a well-respected brand, offering a wide array of pesticide technicals, formulations, and specialized fine chemicals. It is closely affiliated with Nagarjuna Fertilizers & Chemicals Limited, NSL Limited, and Nagarjuna Finance Limited, showcasing its robust industry presence and partnerships. 

#xCalData predicts that #NACLIND will continue its bearish phase over the next five days and trend within the range of 81 to 75.  

In comparison to the previous month, the price of the stock has experienced a decline of 9.53% indicating a bearish.

The Stock has doubled once since 04 Oct 2017 and took an average of 3.7 years to double.

The stock has shown non seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

 

Majority of the technical ratios trend towards Bearish side of the spectrum. MFI & Stochastic Oscillator Indicates Bullish Trend.  

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

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