Kalyani Steels Shows Trend Reversal Amid Broader Market Gains and Long-Term Growth

Kalyani Steels has shown significant activity today, gaining 7.66% on May 12, 2025. This performance marks a notable trend reversal after two consecutive days of decline. The stock outperformed its sector, which includes Steel, Sponge Iron, and Pig Iron, by 2.19%. During the trading session, Kalyani Steels reached an intraday high of Rs 775, reflecting a 7.11% increase.
In terms of moving averages, Kalyani Steels is currently positioned higher than its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. The broader market also saw positive momentum, with the Sensex rising sharply by 3.19% after a gap-up opening, bringing it closer to its 52-week high.

Over the past week, Kalyani Steels has shown a modest gain of 0.41%, while its performance over the last month stands at 6.17%. However, the stock has faced challenges over longer periods, with a year-to-date decline of 33.34%. Despite these fluctuations, Kalyani Steels has demonstrated impressive growth over the past three, five, and ten years, with increases of 158.76%, 448.48%, and 486.57%, respectively.