Mukand Outperforms Market with Significant Gains Amid Broader Decline in Stocks

Mukand, a small-cap player in the ferrous metals industry, has shown significant activity today, gaining 12.68% as of July 24, 2025. The stock opened with a notable gap up of 3.24% and reached an intraday high of Rs 160.85, reflecting an increase of 18.58%. Mukand's performance today has outpaced its sector by 12.26%, highlighting its strong market position amidst a generally negative trend in the broader market. The stock has exhibited high volatility, with an intraday volatility of 9.98%, calculated from the weighted average price. Additionally, Mukand is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. In contrast, the Sensex has experienced a decline of 0.21%, falling by 224.37 points to 82,555.58 after a flat opening. Despite this, small-cap stocks are leading the market, with the BSE Small Cap index gaining 0.22%. Over the past month, Mukand has delivered a 10.52% return, significantly outperforming the Sensex's 0.61% gain.