Manorama Industries Achieves New High Amid Strong Market Sentiment and Sector Growth

May 12 2025 10:01 AM IST
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Manorama Industries, a midcap in the solvent extraction sector, reached a new 52-week high, reflecting strong upward momentum. The stock has shown consistent performance, accumulating significant returns over recent days and outperforming the broader market, while also demonstrating impressive growth over the past year and three years.
Manorama Industries, a midcap player in the solvent extraction industry, has shown impressive activity today, gaining 7.32% on May 12, 2025. The stock reached a new 52-week high of Rs. 1395, reflecting a strong upward momentum. Opening with a gap up of 4.99%, it touched an intraday high of Rs. 1395, marking a 6.52% increase during the day.

Over the past two days, Manorama Industries has demonstrated consistent performance, accumulating a total return of 11.22%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust trend.

In comparison to the broader market, Manorama Industries outperformed the Sensex, which rose by 2.88% today. The company's performance metrics are noteworthy, with a remarkable 141.22% increase over the past year and an astounding 582.54% rise over the last three years. The solvent extraction sector itself has gained 4.88%, contributing to the positive market sentiment. Overall, Manorama Industries continues to solidify its position in the market with strong performance indicators.
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