Sandur Manganese & Iron Ores Ltd Hits All-Time High

Sandur Manganese & Iron Ores Ltd, a midcap mining and minerals company, has seen a surge in its stock price, reaching an all-time high on December 29, 2023. The stock has been performing well in the market, outperforming the sector by 2.07% and gaining 16.25% in the last 6 days.

On December 29, the stock hit a new 52-week high of Rs.2970 and closed at Rs.2950, showing a 3.28% increase from the previous day. The stock has been consistently gaining for the past 6 days and is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Sandur Manganese & Iron Ores Ltd has shown an impressive performance with a 269.11% increase in its stock price, while the Sensex has only seen an 18.20% growth. This highlights the company's strong performance and potential for growth in the mining and minerals industry.

MarketsMOJO has given a 'Hold' call for the stock, indicating a neutral stance on its future performance. However, it is important to note that this is not a recommendation and should not be considered as such.

Sandur Manganese & Iron Ores Ltd is a midcap company in the mining and minerals industry, with a strong track record and a promising future. Its recent surge in stock price is a testament to its growth potential and investors should keep an eye on this company in the coming days.