Sandur Manganese Experiences Technical Trend Shift Amidst Mixed Market Signals

Jun 03 2025 08:10 AM IST
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Sandur Manganese & Iron Ores has seen a slight decline in its stock price, with a notable 10.55% decrease over the past year. Despite this, the company has demonstrated strong long-term performance, achieving returns of 162.09% over three years and 1505.00% over five years, outpacing the Sensex.
Sandur Manganese & Iron Ores, a midcap player in the miscellaneous industry, has recently undergone a technical trend adjustment. The company's current stock price stands at 471.90, reflecting a slight decline from the previous close of 481.05. Over the past year, Sandur Manganese has experienced a notable 10.55% decrease in stock value, contrasting with a 10.02% gain in the Sensex during the same period.

In terms of technical indicators, the weekly MACD remains bullish, while the monthly outlook shows a mildly bearish trend. The Relative Strength Index (RSI) indicates no significant signals for both weekly and monthly assessments. Bollinger Bands suggest a mildly bullish stance on both weekly and monthly bases, and moving averages on a daily scale also reflect a mildly bullish trend.

The company's performance over various time frames reveals a strong return of 162.09% over three years and an impressive 1505.00% over five years, significantly outpacing the Sensex's returns of 45.78% and 140.57%, respectively. This performance highlights Sandur Manganese's resilience and growth potential in a fluctuating market environment.
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