Mangalore Refinery & Petrochemicals sees -3.13% decline in stock price, MarketsMOJO gives 'Sell' call

Nov 04 2024 09:45 AM IST
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On November 4th, 2024, Mangalore Refinery & Petrochemicals Ltd., a largecap company in the oil exploration and refineries industry, saw a -3.13% decline in its stock price. This underperformance was noted by MarketsMojo, who have given a 'Sell' call for the stock. The sector as a whole also saw a decline of -2.18%.


Mangalore Refinery & Petrochemicals ., a largecap company in the oil exploration and refineries industry, saw a decline of -3.13% in its stock price on November 4th, 2024. This underperformance was noted by MarketsMOJO, who have given a 'Sell' call for the stock.

The stock opened at Rs 152.50 and touched an intraday low of Rs 147.95, a decrease of -2.63%. While the stock's performance today was lower than the sector's by -0.5%, it is still higher than the 5 day moving average. However, it is lower than the 20 day, 50 day, 100 day, and 200 day moving averages.

The oil exploration and refineries sector as a whole has also seen a decline of -2.18%. In comparison, Mangalore Refinery & Petrochemicals Ltd.'s 1 day performance is -3.13% while the Sensex's performance is -0.91%. Similarly, the company's 1 month performance is -18.09% compared to the Sensex's -3.29%.

While there is no mention of future potential or investor interest, it is important to note the current performance of Mangalore Refinery & Petrochemicals . in the market. With a 'Sell' call from MarketsMOJO and a decline in the stock price, investors may want to keep an eye on the company's performance in the coming days.
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