Manali Petrochemicals Shows Strong Short-Term Gains Amid Broader Market Uptrend

Manali Petrochemicals has shown significant activity today, gaining 7.64% as of May 14, 2025. The stock has outperformed its sector by 4.69%, marking a notable trend as it has experienced consecutive gains over the past three days, accumulating a total return of 11.33% during this period.
Opening with a gap up of 5.28%, the stock reached an intraday high of Rs 60.4, reflecting a 12.31% increase. In terms of moving averages, Manali Petrochemicals is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages.

In the broader market context, the Sensex has continued its upward trajectory, climbing 367.88 points to reach 81,646.37, with small-cap stocks leading the charge, as evidenced by a 1.1% gain in the BSE Small Cap index. While Manali Petrochemicals has shown strong short-term performance, its longer-term metrics indicate a decline, with a 23.70% drop over the past year and a 44.42% decrease over the last three years.