Sandur Manganese Hits Day High with 8.91% Surge Amid Market Decline

Sandur Manganese & Iron Ores has shown significant activity today, gaining 8.91% and reaching an intraday high of Rs 174, reflecting a 9.57% increase. This performance notably outpaced the sector, outperforming it by 8.7%. The stock has exhibited high volatility, with an intraday volatility rate of 5.54%, indicating fluctuating trading conditions. In terms of moving averages, Sandur Manganese is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong short-term and long-term performance trend. Over the past week, the stock has increased by 7.99%, while its monthly performance stands at 15.91%. In contrast, the broader market, represented by the Sensex, has faced challenges, declining by 0.48% today. Despite this, Sandur Manganese & Iron Ores has maintained a robust performance trajectory, with a year-to-date increase of 25.73% and an impressive 299.81% rise over the past three years. This performance underscores the stock's resilience in a fluctuating market environment.