Mangalam Cement Outperforms Sector Amid Broader Market Gains and Ongoing Challenges

Mangalam Cement has shown significant activity today, gaining 7.24% as of March 5, 2025. The stock has outperformed its sector by 5.41%, marking a notable performance amidst a broader market landscape. Over the past two days, Mangalam Cement has recorded a consecutive gain, yielding a total return of 5.53%.
The stock reached an intraday high of Rs 723.8, reflecting a 5.61% increase during the trading session. In terms of moving averages, Mangalam Cement is currently positioned higher than its 5-day moving average, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex has risen by 443.92 points to 73,449.29, following a flat opening. However, it remains 4.38% away from its 52-week low. Small-cap stocks are leading the market today, with the BSE Small Cap index gaining 1.76%. Despite the recent uptick, Mangalam Cement's performance over the past month and year shows declines of 16.15% and 6.56%, respectively, indicating ongoing challenges in the market.