3M India Shows Signs of Trend Reversal Amid Broader Market Gains

3M India has shown notable activity today, gaining 3.4% on May 21, 2025, and outperforming its sector by 2.26%. This uptick comes after two consecutive days of decline, indicating a potential trend reversal. The stock reached an intraday high of Rs 30,090, reflecting a 2.73% increase at its peak.
In terms of moving averages, 3M India is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. This positioning may suggest varying short-term and long-term performance dynamics.

In the broader market context, the Sensex has continued its upward trajectory, rising by 233.32 points to reach 81,560.93, a 0.46% increase. The BSE Mid Cap index is leading the market with a gain of 0.87%.

Over the past week, 3M India has performed well, with a 3.52% increase compared to the Sensex's 0.28%. However, its year-to-date performance remains slightly negative at -0.40%, contrasting with the Sensex's 4.38% gain. Over the longer term, 3M India has shown significant growth, with a 68.38% increase over three years and a remarkable 274.81% rise over the past decade.