Mangalore Refinery Faces Volatility Amid Broader Market Decline and Mixed Trends

Mangalore Refinery & Petrochemicals has experienced significant volatility today, with the stock declining by 6.23% as of July 21, 2025. The stock opened lower, reflecting a gap down of 6.13%, and reached an intraday low of Rs 136.7, marking an 8.38% drop at its lowest point. This performance has seen the stock underperform the sector by 7.13%.
In terms of moving averages, Mangalore Refinery & Petrochemicals is currently positioned above its 100-day moving average but below its 5-day, 20-day, 50-day, and 200-day moving averages, indicating mixed short-term and long-term trends.

The broader market context shows the Sensex, which opened positively, has turned negative, currently trading at 81,573.88, down 0.22%. The Sensex has faced a three-week consecutive decline, losing 2.23% during this period.

Over various time frames, Mangalore Refinery & Petrochemicals has shown contrasting performance metrics, with a year-to-date decline of 5.93% compared to the Sensex's gain of 4.40%. However, the stock has performed well over the longer term, with a three-year increase of 89.86% and a five-year increase of 269.67%.