Sandur Manganese Shows Strong Performance Amid Positive Market Sentiment

May 05 2025 02:35 PM IST
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Sandur Manganese & Iron Ores has shown strong performance, gaining 5.74% on May 5, 2025, and outperforming its sector. The stock has risen consecutively over three days, accumulating a total return of 12.06%. It is trading above all key moving averages, reflecting a positive trend in the mining sector.
Sandur Manganese & Iron Ores has shown significant activity today, gaining 5.74% as of May 5, 2025. The stock has outperformed its sector by 4.9%, marking a notable trend in its recent performance. Over the past three days, Sandur Manganese has experienced a consecutive gain, accumulating a total return of 12.06%. The stock reached an intraday high of Rs 506.2, reflecting a 5.9% increase during the trading session.

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, indicating a strong upward trend.

The broader market context shows that the Sensex has also been on the rise, climbing 227.18 points to reach 80,888.80, with mid-cap stocks leading the charge, as evidenced by a 1.4% gain in the BSE Mid Cap index. Over the last three weeks, the Sensex has gained 7.63%, further highlighting a positive market sentiment.

Overall, Sandur Manganese & Iron Ores continues to demonstrate robust performance metrics within the mining and minerals sector.
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Our weekly and monthly stock recommendations are here
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