Mangalore Refinery & Petrochemicals Shows Resilience Amid Broader Market Downturn

Mangalore Refinery & Petrochemicals Ltd. has shown significant activity today, gaining 4.71% as of May 28, 2025. This performance has allowed the stock to outperform its sector by 2.8%. The stock reached an intraday high of Rs 145.55, reflecting a 3.15% increase during the trading session.
In terms of moving averages, Mangalore Refinery & Petrochemicals is currently positioned higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. This indicates a mixed trend in the stock's short-term performance relative to its longer-term trajectory.

While the broader market is experiencing a downturn, with the Sensex trading down by 0.21% after opening lower, Mangalore Refinery & Petrochemicals has demonstrated resilience. Over the past week, the stock has gained 5.98%, and its performance over the last three months shows a robust increase of 40.00%. However, it is important to note that the stock has faced challenges over the past year, with a decline of 30.79%. Overall, Mangalore Refinery & Petrochemicals continues to navigate a complex market landscape.