Manaksia Coated Metals Surges Amid Broader Market Volatility and Small-Cap Gains

Manaksia Coated Metals & Industries has shown significant activity today, gaining 8.64% as of July 16, 2025. This performance marks a notable outperformance against the broader market, with the stock exceeding its sector by 6.46%. Over the past two days, the stock has demonstrated a consistent upward trend, accumulating returns of 8.43%.
Opening with a gain of 2.25%, Manaksia Coated reached an intraday high of Rs 142.6, reflecting an increase of 8.52%. The stock has exhibited high volatility today, with an intraday volatility of 5.05%. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong market position.

In the broader market context, the Sensex opened flat, down by 36.25 points, and is currently trading at 82,559.43. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.24%. Manaksia Coated's performance over various time frames further highlights its robust growth, with a remarkable 641.56% increase over the past three years and an impressive 2755.00% rise over the last five years.