Magnus Steel & Infra Hits New 52-Week High of Rs. 18.8

Oct 08 2025 11:44 AM IST
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Magnus Steel & Infra has achieved a new 52-week high of Rs. 18.8, outperforming its sector significantly. The stock has gained 70.29% over the past 11 days and is trading above key moving averages, highlighting its strong upward trend amid a slight decline in the broader market.
Magnus Steel & Infra has reached a significant milestone by hitting a new 52-week high of Rs. 18.8 today, October 8, 2025. This achievement comes as the stock has demonstrated impressive performance, outperforming its sector by 4.71%. Over the past 11 days, Magnus Steel has shown remarkable resilience, gaining 70.29% in returns during this period.

The stock is currently trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. In contrast, the broader market, represented by the Sensex, is experiencing a slight decline, trading at 81,762.13, down 0.2% after a flat opening. The Sensex remains 2.86% away from its own 52-week high of 84,099.53.

Despite the overall market conditions, Magnus Steel & Infra's performance stands out, reflecting its position within the small-cap segment of the Other Electrical Equipment industry. The stock's journey from a 52-week low of Rs. 6.81 to its current high underscores its significant growth trajectory.
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