Mangalore Refinery Faces Decline Amid Mixed Moving Averages and Broader Market Drop

Jun 12 2025 02:15 PM IST
share
Share Via
Mangalore Refinery & Petrochemicals Ltd. saw a significant decline on June 12, 2025, following three days of gains. The stock's performance is mixed in relation to various moving averages, and while it has increased over the past month, its year-to-date and annual performance remains negative compared to the broader market.
Mangalore Refinery & Petrochemicals Ltd. experienced a notable decline of 3.25% on June 12, 2025, underperforming the sector by 2.03%. This drop comes after a brief period of three consecutive days of gains, indicating a potential trend reversal. The stock reached an intraday low of Rs 141.7, reflecting a decrease of 2.91% during the trading session.

In terms of moving averages, Mangalore Refinery & Petrochemicals is currently positioned higher than its 20-day, 50-day, and 100-day moving averages, yet lower than its 5-day and 200-day moving averages. This mixed performance in moving averages suggests varying short-term and long-term trends.

Comparatively, the broader market, represented by the Sensex, fell sharply by 1.14% after a flat opening, closing at 81,573.73 points. While Mangalore Refinery & Petrochemicals has shown a 7.10% increase over the past month, its year-to-date performance remains negative at -4.95%. Over the past year, the stock has declined by 34%, contrasting with the Sensex's gain of 6.51%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News