Ashapura Minechem Hits Intraday High of Rs 753.9 with Strong Intraday Surge

Nov 20 2025 10:52 AM IST
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Ashapura Minechem recorded a robust intraday performance today, touching a new 52-week and all-time high of Rs 753.9, marking an 8.53% rise during trading. This surge outpaced the Minerals & Mining sector and the broader market, reflecting notable momentum in the stock’s price action.



On 20 Nov 2025, Ashapura Minechem demonstrated a significant rebound after two consecutive sessions of decline, with the stock gaining 8.23% by day’s close. This performance notably outperformed the Sensex, which registered a gain of 0.32% and reached a fresh 52-week high of 85,462.24 points. The Sensex’s upward trajectory was supported by mega-cap stocks and bullish moving averages, with the 50-day moving average positioned above the 200-day moving average, signalling sustained market strength.



Within the Minerals & Mining sector, Ashapura Minechem’s intraday high of Rs 753.9 represents a premium over its recent trading range, supported by its position above key moving averages including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests a consolidation of upward momentum in the stock’s price.



Examining the stock’s relative performance, Ashapura Minechem’s one-day gain of 7.39% considerably outstripped the Sensex’s 0.32% rise. Over the past week, the stock has advanced by 16.98%, compared to the Sensex’s 1.16%. The one-month performance shows a 12.60% increase for Ashapura Minechem, while the Sensex moved 1.30% higher. This trend extends over longer periods, with the stock recording a 46.20% rise over three months against the Sensex’s 4.40% and a remarkable 199.96% over one year versus the Sensex’s 10.16%.




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Extending the performance horizon, Ashapura Minechem’s year-to-date gain stands at 92.52%, substantially higher than the Sensex’s 9.37%. Over three years, the stock has appreciated by 813.10%, dwarfing the Sensex’s 38.59% increase. The five-year and ten-year returns further highlight the stock’s long-term price appreciation, with gains of 910.16% and 1,143.33% respectively, compared to the Sensex’s 94.75% and 230.37% over the same periods.



The stock’s trading activity today was marked by a strong intraday surge, with the price moving decisively above all major moving averages. This technical behaviour often indicates sustained buying interest and a positive shift in market dynamics. The reversal following two days of declines suggests renewed momentum and a potential shift in short-term market sentiment.



Market participants noted that the broader market environment was supportive, with the Sensex opening higher and maintaining gains throughout the session. The Sensex’s new 52-week high and its position above key moving averages reflect a bullish market backdrop that may have contributed to Ashapura Minechem’s strong intraday showing.




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In summary, Ashapura Minechem’s performance on 20 Nov 2025 highlights a strong intraday rally that pushed the stock to a new all-time high of Rs 753.9. The stock’s gains outpaced both its sector and the broader market, supported by a positive technical setup and a favourable market environment. The stock’s position above multiple moving averages and its recovery after a brief decline period underscore a notable shift in trading dynamics.



Investors and market watchers may note the stock’s sustained outperformance over various time frames relative to the Sensex, reflecting a pattern of strong price appreciation within the Minerals & Mining sector. The current session’s activity adds to the stock’s recent momentum, marking a significant day in its trading history.






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