Sandur Manganese Exhibits Strong Resilience Amidst Broader Market Challenges

Jul 03 2025 03:30 PM IST
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Sandur Manganese & Iron Ores has demonstrated strong performance, gaining 5.43% on July 3, 2025, and outperforming its sector. The stock has shown consistent upward momentum, trading above key moving averages, while the broader market faced challenges. Year-to-date, it has risen 20.06%, significantly exceeding the Sensex's performance.
Sandur Manganese & Iron Ores has shown impressive activity today, gaining 5.43% on July 3, 2025. The stock has outperformed its sector by 5.01%, marking a notable achievement amidst a challenging market environment. Despite opening with a loss of 2.37%, the stock rebounded to reach an intraday high of Rs 497.9, reflecting a 5.42% increase.

Over the past two days, Sandur Manganese has demonstrated a consistent upward trend, accumulating a total return of 6.08%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.

In contrast, the broader market has faced some headwinds, with the Sensex declining by 0.21% after an initial positive opening. Nevertheless, Sandur Manganese has shown resilience, with a year-to-date performance of 20.06%, significantly outperforming the Sensex's 6.52% during the same period. Over the last three years, the stock has surged by an impressive 275.24%, showcasing its robust growth trajectory in the midcap sector.
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