Magnus Steel & Infra Ltd Gains 10.37%: 5 Key Factors Driving the Surge

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Magnus Steel & Infra Ltd delivered a robust weekly performance, surging 10.37% from Rs.56.11 to Rs.61.93 between 23 and 27 February 2026, significantly outperforming the Sensex which declined 0.96% over the same period. The stock marked new 52-week and all-time highs on multiple days, reflecting sustained buying momentum amid mixed broader market conditions.

Key Events This Week

23 Feb: New 52-week high at Rs.57.23

24 Feb: All-time high reached at Rs.58.37

25 Feb: Fresh 52-week and all-time high at Rs.59.53

26 Feb: New 52-week and all-time high at Rs.59.7

27 Feb: Week closes at all-time high Rs.61.93

Week Open
Rs.56.11
Week Close
Rs.61.93
+10.37%
Week High
Rs.61.93
Sensex Change
-0.96%

23 February 2026: New 52-Week High at Rs.57.23 Signals Strong Momentum

Magnus Steel & Infra Ltd opened the week with a notable 2.00% gain, closing at Rs.57.23, a new 52-week and all-time high. This marked the 17th consecutive day of gains, cumulatively delivering a 37.11% return over this period. The stock outperformed its sector by 1.55% on the day, trading well above all key moving averages (5, 20, 50, 100, and 200-day), signalling robust technical strength. The Sensex also advanced 0.39%, but the stock’s outperformance highlighted its distinct upward trajectory.

24 February 2026: All-Time High Rs.58.37 Amid Mixed Market Sentiment

Continuing its rally, Magnus Steel & Infra Ltd hit a fresh all-time high of Rs.58.37, gaining 1.99% on the day. This extended the consecutive gain streak to 18 days, with a cumulative return of 39.84%. Despite the Sensex declining 0.78%, the stock outperformed its sector by 2.15%, underscoring strong investor confidence. The stock maintained its position above all major moving averages, reinforcing the bullish trend amid a broader market pullback.

25 February 2026: New 52-Week High Rs.59.53 Amid Positive Market Backdrop

Magnus Steel & Infra Ltd surged to Rs.59.53, marking another 52-week and all-time high with a 1.99% gain. This was the 19th consecutive day of gains, delivering a 42.62% return over this period. The stock outperformed its sector by 0.98% while the Sensex rebounded 0.41%. Trading above all key moving averages, the stock demonstrated sustained strength and resilience. The Mojo Score remained steady at 56.0 with a Hold rating, reflecting improved market perception.

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26 February 2026: Marginal Gain to Rs.59.7 Amid Sector Outperformance

The stock touched Rs.59.7, a new 52-week and all-time high, albeit with a modest 0.29% gain. This marked 20 consecutive days of gains, with a 43.03% return over this period. While the stock slightly underperformed its sector by 0.55%, it still outpaced the Sensex, which gained 0.19%. The stock’s position above all major moving averages remained intact, supporting the ongoing bullish trend. The Mojo Score of 56.0 and Hold rating continued to reflect a balanced outlook amid strong price momentum.

27 February 2026: Week Closes at All-Time High Rs.61.93 Despite Market Weakness

Magnus Steel & Infra Ltd capped the week with a strong 1.99% gain to Rs.61.93, its highest price in 52 weeks and all-time peak. This extended the winning streak to 21 consecutive days, delivering a 48.37% return over this period. The stock outperformed its sector by 2.41% and the Sensex, which declined 0.54%. Trading above all key moving averages, the stock demonstrated resilience amid a challenging market environment. The Mojo Score remained at 56.0 with a Hold rating, upgraded from Sell in November 2025, reflecting improved fundamentals and market sentiment.

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Daily Price Performance vs Sensex

Date Stock Price Day Change Sensex Day Change
2026-02-23 Rs.57.23 +2.00% 36,817.86 +0.39%
2026-02-24 Rs.58.37 +1.99% 36,530.09 -0.78%
2026-02-25 Rs.59.53 +1.99% 36,679.75 +0.41%
2026-02-26 Rs.60.72 +2.00% 36,748.49 +0.19%
2026-02-27 Rs.61.93 +1.99% 36,322.56 -1.16%

Key Takeaways

Strong Consecutive Gains: The stock recorded 21 consecutive days of gains, culminating in a 48.37% return over this period, a remarkable streak that highlights sustained investor interest and confidence.

Consistent Outperformance: Throughout the week, Magnus Steel & Infra Ltd consistently outperformed the Sensex, which declined 0.96%, underscoring the stock’s resilience amid mixed market conditions.

Technical Strength: Trading above all major moving averages (5, 20, 50, 100, and 200-day) throughout the week, the stock demonstrated robust technical momentum supporting its upward trajectory.

Mojo Score and Rating: The Mojo Score remained steady at 56.0 with a Hold rating, upgraded from Sell in November 2025, reflecting improved fundamentals and market perception.

Sector Leadership: The stock outperformed its sector peers on multiple days, with outperformance margins ranging from 0.55% to 2.41%, signalling strong relative strength within the Other Electrical Equipment sector.

Conclusion

Magnus Steel & Infra Ltd’s performance over the week ending 27 February 2026 was marked by a powerful rally that saw the stock reach multiple new 52-week and all-time highs. The 10.37% weekly gain starkly contrasts with the Sensex’s 0.96% decline, highlighting the stock’s exceptional momentum and resilience. Supported by strong technical indicators, a steady Mojo Score of 56.0 with a Hold rating, and consistent sector outperformance, the stock has demonstrated a significant shift in market dynamics. While the broader market faced volatility and mixed signals, Magnus Steel & Infra Ltd’s sustained upward trajectory and robust price action underscore its current strength and leadership within its industry segment.

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