Sandur Manganese & Iron Ores Ltd Hits New 52-Week High at Rs.254.7

Strong Rally Drives New High

The stock of Sandur Manganese & Iron Ores Ltd (Stock ID: 843297) touched an intraday peak of Rs.254.7 on 2 Jan 2026, representing a 4.17% increase on the day. This new 52-week high underscores the stock’s robust performance over the past year, with an impressive 81.91% gain compared to the Sensex’s 6.99% rise during the same period. The stock has been on a consistent upward trajectory, gaining for four consecutive days and delivering an 8.32% return in that span.

Outperforming its sector by 1.9% today, Sandur Manganese & Iron Ores Ltd is trading well above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical strength signals sustained buying interest and positive price momentum.

Market Context and Sector Performance

The broader market environment has also been supportive. The Sensex opened flat but gained momentum to close 284.76 points higher at 85,544.12, a 0.42% increase. It remains just 0.72% shy of its own 52-week high of 86,159.02. The Sensex’s bullish stance is reinforced by its 50-day moving average trading above the 200-day moving average, a classic indicator of upward market trends.

Mid-cap stocks are leading the market rally, with the BSE Mid Cap index advancing 0.56% on the day. Sandur Manganese & Iron Ores Ltd, classified within the miscellaneous sector and industry, is well positioned within this mid-cap space, benefiting from the sector’s positive momentum.

Mojo Score and Rating Update

Sandur Manganese & Iron Ores Ltd currently holds a Mojo Score of 68.0, reflecting a moderate outlook with a Mojo Grade of Hold. This represents a downgrade from its previous Buy rating, which was revised on 17 Nov 2025. The stock’s Market Cap Grade stands at 3, indicating a mid-tier market capitalisation relative to its peers.

Despite the recent rating adjustment, the stock’s price action and technical indicators demonstrate resilience and sustained investor confidence. The day’s gain of 5.01% further highlights the stock’s ability to outperform in a competitive market environment.

Price Range and Historical Performance

The stock’s 52-week low was Rs.111.64, illustrating a substantial recovery and growth trajectory over the past year. The current price of Rs.254.7 is more than double the low point, underscoring the strength of the rally and the company’s ability to maintain upward momentum.

Trading above all major moving averages, the stock’s technical setup is favourable. This alignment often signals continued strength and can attract further interest from market participants monitoring momentum and trend indicators.

Summary of Key Metrics

To summarise, Sandur Manganese & Iron Ores Ltd’s stock performance is characterised by:

• New 52-week high of Rs.254.7 reached on 2 Jan 2026


• Four consecutive days of gains, with an 8.32% return in that period


• Outperformance of the miscellaneous sector by 1.9% on the day


• Trading above all major moving averages (5, 20, 50, 100, 200 days)


• Mojo Score of 68.0 with a Hold rating, downgraded from Buy on 17 Nov 2025


• Market Cap Grade of 3, indicating mid-tier capitalisation


• One-year price appreciation of 81.91%, significantly ahead of Sensex’s 6.99%


• 52-week low of Rs.111.64, highlighting strong recovery and growth

This comprehensive set of data points illustrates the stock’s strong momentum and technical robustness within the current market context.

Technical Momentum and Market Positioning

The stock’s ability to sustain gains above key moving averages is a positive technical signal. The 50-day moving average trading above the 200-day moving average in the broader Sensex index further supports a bullish market environment. Sandur Manganese & Iron Ores Ltd’s outperformance relative to its sector and the broader market highlights its strong positioning among mid-cap stocks.

While the Mojo Grade adjustment to Hold reflects a more cautious stance, the stock’s price action and market dynamics continue to demonstrate resilience and upward momentum.

Conclusion

Sandur Manganese & Iron Ores Ltd’s achievement of a new 52-week high at Rs.254.7 marks a significant milestone in its stock market journey. Supported by strong technical indicators, consistent gains, and a favourable market backdrop, the stock’s performance over the past year has been notably robust. This milestone reflects the company’s sustained momentum within the miscellaneous sector and its ability to outperform broader market indices.

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