Manorama Industries Shows Strong Resilience Amidst Broader Market Fluctuations

Manorama Industries, a midcap player in the solvent extraction industry, has shown remarkable performance today, gaining 6.3% as of March 12, 2025. The stock opened at Rs 996.1 and reached an intraday high of the same price, reflecting strong market activity. Notably, Manorama Industries outperformed its sector by 5.54%, highlighting its robust position amidst a generally bearish market, where the Sensex is trading down by 0.09%.
In terms of performance metrics, Manorama Industries has demonstrated impressive growth over the past year, with a staggering 188.06% increase, significantly outpacing the Sensex's modest gain of 0.53%. Over three years, the stock has surged by 324.19%, and over five years, it has achieved an extraordinary 1526.23% increase, showcasing its long-term growth trajectory.

While the stock is currently trading above its 5-day and 200-day moving averages, it remains below its 20-day, 50-day, and 100-day moving averages. This performance underscores the company's resilience and potential within the solvent extraction sector, even as broader market conditions fluctuate.