Mangalore Refinery Shows Resilience Amid Broader Market Decline with Notable Gains

Jun 23 2025 11:15 AM IST
share
Share Via
Mangalore Refinery & Petrochemicals has experienced notable gains, outperforming the broader market significantly. The stock has shown a positive trend over the past few days, reaching an intraday high and maintaining a position above several moving averages, despite the overall market decline. Its long-term performance also reflects resilience.
Mangalore Refinery & Petrochemicals has shown significant activity today, gaining 6.91% as of June 23, 2025. This performance outpaces the broader market, with the stock outperforming the Sensex by 4.76%. Over the past two days, Mangalore Refinery has recorded a total increase of 6.33%, indicating a positive short-term trend.

The stock reached an intraday high of Rs 140.35, reflecting a 3.77% increase during the trading session. In terms of moving averages, the stock is currently above its 5-day, 50-day, and 100-day moving averages, although it remains below the 20-day and 200-day moving averages.

In the context of the overall market, the Sensex opened lower today at 81,704.07, down 704.10 points (-0.85%), and is currently trading at 81,735.96, a decline of 0.82%. Despite this, Mangalore Refinery's performance over various time frames remains noteworthy, with a 1-week gain of 5.70% and a 3-year increase of 70.62%, showcasing its resilience in a challenging market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News