Mangalore Refinery Shows Volatility Amid Sector Outperformance and Mixed Trends

Mangalore Refinery & Petrochemicals Ltd. has shown notable activity today, gaining 3.27% on February 5, 2025. This performance has allowed the stock to outperform its sector by 2.61%. Over the past two days, Mangalore Refinery has demonstrated a consecutive gain, accumulating a total return of 4.96% during this period.
The stock reached an intraday high of Rs 128.2, reflecting a rise of 3.47%. In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends.

In a broader context, Mangalore Refinery's one-day performance of 3.07% stands in contrast to the Sensex, which recorded a modest gain of 0.11%. However, the stock's one-month performance shows a decline of 14.44%, compared to the Sensex's decrease of 0.70%. These metrics highlight the stock's recent volatility and its position within the oil exploration and refinery industry.