Jayaswal Neco Industries Hits New 52-Week High at Rs. 81.24
Jayaswal Neco Industries has achieved a new 52-week high, showcasing strong market performance in the Iron & Steel Products sector. The company reported a 92.71% growth in operating profit for the latest quarter, alongside robust net sales and cash flow, highlighting its operational strength amid a rising steel sector.
Jayaswal Neco Industries has reached a significant milestone by hitting a new 52-week high of Rs. 81.24 today, marking a notable achievement for the small-cap player in the Iron & Steel Products industry. This surge comes as the stock outperformed its sector by 0.28%, reflecting strong market performance.The stock has shown impressive resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend. Over the past year, Jayaswal Neco Industries has delivered a remarkable return of 90.00%, significantly outpacing the Sensex, which has only gained 5.45% in the same period.
The company has also reported outstanding financial results, with a 92.71% growth in operating profit for the quarter ending September 2025. This performance is complemented by a strong operating cash flow of Rs. 1,388.49 crore and net sales reaching Rs. 1,781.00 crore.
As the steel sector gains traction, with a 2.21% increase today, Jayaswal Neco Industries stands out as a key player, reflecting its solid market position and operational strength.
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