Sandur Manganese & Iron Ores Faces Decline Amid Broader Mining Sector Weakness

Sandur Manganese & Iron Ores has experienced a notable decline of 5.2% on April 4, 2025, underperforming the broader mining and minerals sector, which fell by 3.98%. The stock opened significantly lower, with a gap down of 7.1%, reaching an intraday low of Rs 415.05. This marks the second consecutive day of losses for the stock, which has seen a total decline of 5.37% over this period.
In terms of moving averages, Sandur Manganese & Iron Ores is currently positioned higher than its 50-day moving average but lower than its 5-day, 20-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.29%, while the Sensex has decreased by 2.69%. However, on a longer-term basis, Sandur Manganese & Iron Ores has shown resilience, with a year-to-date performance of 2.00% compared to the Sensex's decline of 3.59%. Over the past three years, the stock has surged by 109.09%, significantly outperforming the Sensex's 24.29% increase.