Sandur Manganese & Iron Ores Faces Significant Intraday Decline Amidst Mixed Performance Trends

Sandur Manganese & Iron Ores has experienced a notable decline today, with the stock down by 9.5% as of May 29, 2025. The stock opened significantly lower, with a gap down of 7.13%, and reached an intraday low of Rs 482.5, reflecting a drop of 12.47%. This performance has placed Sandur Manganese & Iron Ores below the sector average, underperforming by 9.85%. Despite today's downturn, the company has shown resilience over longer periods. Over the past month, the stock has gained 12.09%, significantly outperforming the Sensex, which rose by 1.60%. In the last three months, Sandur Manganese & Iron Ores has surged by 29.51%, compared to the Sensex's 11.44% increase. Year-to-date, the stock is up 21.58%, while the Sensex has only gained 4.39%. In terms of moving averages, the stock remains above its 50-day, 100-day, and 200-day averages, although it is currently below its 5-day and 20-day averages. This mixed performance highlights the stock's volatility and its position within the midcap sector.