3M India Outperforms Sector Amid Mixed Market Trends and Moving Averages

3M India has shown notable activity today, gaining 3.05% as of March 19, 2025. This performance has allowed the stock to outperform its sector by 1.97%. Over the past two days, 3M India has recorded a consecutive gain, rising a total of 3.39%. The stock reached an intraday high of Rs 28,290 during trading.
In terms of moving averages, 3M India is currently positioned higher than its 5-day and 20-day moving averages, but lower than its 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term trends.

In the broader market context, the Sensex opened positively, trading at 75,484.34, up by 171.91 points or 0.24%. However, it is currently trading below its 50-day moving average, which is also below the 200-day moving average. Mid-cap stocks are leading the market today, with the BSE Mid Cap index gaining 2.14%.

Over various time frames, 3M India's performance has been varied, with a year-to-date decline of 6.96% compared to the Sensex's decline of 3.42%. However, the stock has shown stronger performance over the longer term, with a 40.47% increase over the past three years.