Mangalore Refinery & Petrochemicals Experiences Trend Reversal Amid Market Volatility

Mangalore Refinery & Petrochemicals has shown notable activity today, gaining 3.05% as of March 19, 2025. This performance marks a trend reversal after two consecutive days of decline, with the stock outperforming its sector by 2.96%. The stock reached an intraday high of Rs 118.7, reflecting a 3.35% increase during the trading session.
Today's trading has been characterized by high volatility, with an intraday volatility rate of 31.29%. In terms of moving averages, the stock is currently above its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends.

In the broader market context, the Sensex opened higher at 75,473.17, gaining 171.91 points, but is currently trading at 75,306.01, reflecting a minimal change. The small-cap segment is leading the market, with the BSE Small Cap index up by 0.85%. Over the past week, Mangalore Refinery & Petrochemicals has shown a 5.52% increase, contrasting with the Sensex's 1.72% gain. However, its year-to-date performance remains negative at -20.12%, compared to the Sensex's -3.63%.