Mangalore Refinery & Petrochemicals Navigates Market Challenges Amid Short-Term Gains

Mangalore Refinery & Petrochemicals has shown notable activity today, gaining 3.02% as of May 5, 2025. This performance outpaced the broader market, with the Sensex rising by 0.60%. The stock reached an intraday high of Rs 139.35, reflecting a 4.03% increase during the trading session.
In terms of moving averages, Mangalore Refinery & Petrochemicals is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Over the past week, the stock has increased by 1.77%, while its performance over the last month stands at 2.30%. However, the stock has faced challenges over the longer term, with a year-to-date decline of 6.98% and a significant drop of 45.11% over the past year.

In contrast, the stock has demonstrated resilience over the longer horizon, with a remarkable 342.31% increase over the past five years, significantly outperforming the Sensex's 157.47% gain during the same period. Overall, Mangalore Refinery & Petrochemicals continues to navigate a complex market landscape, reflecting both short-term gains and long-term challenges.