Mangalore Refinery Shows Mixed Performance Amid Broader Market Gains and Trends

Mangalore Refinery & Petrochemicals has experienced a notable increase of 3.43% on March 24, 2025, despite underperforming its sector by 1.81%. This uptick comes after a trend reversal, as the stock had previously seen three consecutive days of gains. Currently, Mangalore Refinery's moving averages indicate that it is performing higher than its 5-day, 20-day, and 50-day averages, but lower than its 100-day and 200-day averages.
In the broader market, the Sensex has shown a positive trajectory, climbing 357.22 points to reach 77,813.49, marking a 1.18% increase. The index has been on a three-week consecutive rise, gaining 6.31% during this period. Mid-cap stocks are leading the market today, with the BSE Mid Cap index up by 1.35%.

Over various time frames, Mangalore Refinery's performance has been mixed. While it has gained 20.65% over the past week and 23.31% over the past month, its year-to-date performance stands at -5.49%. In contrast, the stock has shown impressive growth over the longer term, with a 524.50% increase over the past five years.