Man Industries (India) Hits New 52-Week High at Rs.487.7

Strong Momentum Drives Stock to New Heights

On 26 November 2025, Man Industries (India) recorded an intraday peak at Rs.487.7, representing a 3.56% rise during the trading session. This fresh high comes amid a three-day consecutive gain period, during which the stock has delivered a cumulative return of 6.55%. The stock’s day change stood at 2.53%, outperforming its sector by 0.58% on the same day.

The stock’s upward trajectory is further 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 indicates sustained buying interest and a positive trend over multiple time horizons.

Sector and Market Context

The Iron & Steel Products sector, to which Man Industries belongs, has experienced a gain of 2.41% on the day, reflecting broader strength in steel, sponge iron, and pig iron segments. The Sensex index also showed resilience, climbing 452.08 points to close at 84,955.52, a 0.44% increase, and remaining within 1% of its own 52-week high of 85,801.70. The Sensex’s position above its 50-day and 200-day moving averages underscores a generally bullish market environment.

Small-cap stocks led the market rally, with the BSE Small Cap index advancing by 0.74%, highlighting a favourable backdrop for mid and small-cap companies such as Man Industries.

One-Year Performance Highlights

Over the past year, Man Industries (India) has demonstrated considerable price movement, with a 52-week low of Rs.201.45 and a new high at Rs.487.7. This translates to a price appreciation of approximately 60.34% over the 12-month period, significantly outpacing the Sensex’s 6.19% performance during the same timeframe. This divergence highlights the stock’s relative strength within the broader market.

The company’s market capitalisation grade is noted as 3, reflecting its standing within the mid-cap segment of the Iron & Steel Products sector.

Technical Indicators and Trading Activity

Man Industries’ trading above all major moving averages signals a robust technical setup. The 5-day and 20-day averages indicate short-term momentum, while the 50-day, 100-day, and 200-day averages provide confirmation of sustained strength over medium and long-term periods.

The stock’s recent three-day gain streak, culminating in the new 52-week high, suggests a consolidation of positive market sentiment and steady accumulation by market participants.

Market Environment and Broader Implications

The broader market environment has been conducive to the performance of Man Industries. The Sensex’s recovery from a flat opening to a positive close, alongside the small-cap segment’s leadership, provides a supportive backdrop for stocks in the mid-cap range.

Within the Iron & Steel Products sector, the stock’s outperformance relative to its peers and the sector average on the day underscores its current momentum. The sector’s 2.41% gain reflects demand dynamics and pricing trends that have favoured companies engaged in steel and related products.

Man Industries’ ability to maintain its position above multiple moving averages and sustain gains over consecutive sessions points to a consolidation of strength that may be of interest to market watchers analysing sectoral trends and stock-specific developments.

Summary of Key Metrics

To summarise, Man Industries (India) has achieved a new 52-week high of Rs.487.7, following a three-day gain period with a total return of 6.55%. The stock’s day change of 2.53% outpaced the sector’s 2.41% gain and the Sensex’s 0.44% rise. Its trading above all major moving averages further confirms the positive momentum. Over the past year, the stock’s price movement of 60.34% contrasts with the Sensex’s 6.19%, highlighting its relative strength within the market.

Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →