Manaksia Steels Ltd

Manaksia Steels Ltd has witnessed a notable shift in its valuation parameters, moving from an attractive to a fair rating, despite delivering strong returns that have outpaced the broader market. This recalibration reflects evolving market perceptions amid the ferrous metals sector’s dynamic landscape and the company’s improving financial metrics.

At Rs 76.06, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 5% on 25 Jun 2026, with buyers queuing and no sellers willing to part with shares.

Manaksia Steels Ltd is rated 'Buy' by MarketsMOJO, with this rating last updated on 25 May 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 21 June 2026, providing investors with the most up-to-date insight into the stock’s fundamentals, returns, and technical outlook.

At Rs 72.6, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 3.04% on 19 Jun 2026, with buyers queuing and no sellers willing to part with shares.

At Rs 68.5, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 3.78% on 15 Jun 2026, with buyers queuing and no sellers willing to part with shares.

Manaksia Steels Ltd is rated 'Buy' by MarketsMOJO, with this rating last updated on 25 May 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 10 June 2026, providing investors with the most up-to-date view of the stock’s fundamentals, returns, and technical outlook.

At Rs 72.36, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 4.99% on 25 May 2026, with buyers queuing and no sellers willing to part with shares.

Manaksia Steels Ltd has seen its investment rating upgraded from Hold to Buy, reflecting significant improvements across financial performance, valuation metrics, and technical indicators. The micro-cap ferrous metals company’s recent quarterly results and market trends have prompted a reassessment of its outlook, signalling renewed investor confidence.

The 50-day moving average has crossed above the 200-day moving average for Manaksia Steels Ltd, signalling a golden cross on 25 May 2026. Yet, the broader technical indicators and recent price action present a nuanced picture that tempers the enthusiasm often associated with this crossover.

At Rs 68.92, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 5% on 25 May 2026, with buyers queuing and no sellers willing to part with shares.

Manaksia Steels Ltd has delivered a very positive financial performance in the quarter ended March 2026, marking a notable shift from its previous outstanding trend. The company posted record quarterly figures across key metrics including net sales, operating profit, and earnings per share, signalling robust operational execution despite some liquidity challenges.

Manaksia Steels Ltd., a Kolkata-based manufacturer of cold rolled and galvanised steel products, reported a remarkable 101.04% quarter-on-quarter surge in net profit for Q4 FY26, reaching ₹19.32 crores compared to ₹9.61 crores in Q3 FY26. On a year-on-year basis, the micro-cap company delivered an even more impressive 310.19% profit growth, signalling a dramatic operational turnaround from the subdued performance of the previous year.

Manaksia Steels Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 27 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 20 May 2026, providing investors with the latest insights into the company’s performance and outlook.

Manaksia Steels Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 27 Apr 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 09 May 2026, providing investors with the latest insights into its performance and outlook.

At Rs 64.50, sellers were still queuing — but there were no buyers willing to take the other side. Manaksia Steels Ltd locked at its lower circuit of 4.99% on 5 May 2026, with unfilled sell orders and a frozen price, signalling persistent selling pressure in a micro-cap environment.

At Rs 71.71, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 4.99% on 30 Apr 2026, with buyers queuing and no sellers willing to part with shares.