Manorama Industries Outperforms Sector with Significant Stock Gains and Strong Momentum
Manorama Industries, a midcap in the solvent extraction sector, experienced notable gains on May 2, 2025, with significant intraday highs. The stock has outperformed its sector and shown impressive growth over various time frames, indicating a strong upward trend compared to the broader market.
Manorama Industries, a midcap player in the solvent extraction industry, has shown impressive performance today, gaining 5.44% on May 2, 2025. The stock opened with a notable gain of 2.06% and reached an intraday high of Rs 1350, reflecting a 5.87% increase. Currently, it is just 3.25% away from its 52-week high of Rs 1388.25.In terms of market performance, Manorama Industries has significantly outperformed its sector by 6.06%. Over the past week, the stock has surged by 9.40%, and its one-month performance stands at an impressive 28.56%. Year-to-date, the stock has risen by 25.89%, and over the past year, it has achieved a remarkable 107.81% increase.
Additionally, Manorama Industries is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The broader market, represented by the Sensex, has also seen a rise of 0.32% today, but Manorama Industries continues to lead with its robust performance metrics.
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