Mangalore Refinery Faces Mixed Performance Amid Broader Market Trends and Challenges

Mangalore Refinery & Petrochemicals has experienced a notable decline of 3.32% on May 8, 2025, underperforming the broader market, as reflected by the Sensex's decrease of 0.47%. The stock reached an intraday low of Rs 126.65, marking a drop of 3.21%.
In terms of moving averages, Mangalore Refinery's stock is currently above its 50-day moving average but below its 5-day, 20-day, 100-day, and 200-day moving averages, indicating mixed short-term performance. Over the past week, the stock has declined by 6.30%, while the Sensex has seen a slight increase of 0.15%.

Looking at longer-term performance, Mangalore Refinery has faced significant challenges, with a year-to-date decline of 14.73% compared to the Sensex's gain of 2.85%. Over the past year, the stock has dropped by 42.94%, contrasting sharply with the Sensex's positive return of 9.39%. However, the company has shown resilience over a three-year period, with a gain of 62.49%, outperforming the Sensex's 46.56% increase.

Overall, Mangalore Refinery & Petrochemicals continues to navigate a challenging market landscape amid fluctuating performance metrics.