Strong Uptrend and Price Momentum
The stock has been on a consistent upward trajectory, recording gains for 11 consecutive trading sessions. Over this period, Magnus Steel & Infra Ltd has delivered a robust return of 21.83%, significantly outperforming its sector by 3.07% on the day it hit the new high. The current price of Rs.50.85 represents a substantial increase from its 52-week low of Rs.8.26, underscoring the strength of the rally.
Technical indicators reinforce this positive momentum. The stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This alignment of moving averages typically signals a strong bullish trend and investor confidence in the stock’s price action.
Market Context and Comparative Performance
While Magnus Steel & Infra Ltd has surged to new highs, the broader market has experienced some volatility. The Sensex opened lower by 772.19 points and was trading at 82,813.40, down 1.03% on the same day. Despite this, the Sensex remains within 4.04% of its own 52-week high of 86,159.02. Notably, the Sensex is trading below its 50-day moving average, although the 50DMA remains above the 200DMA, indicating mixed signals for the broader market.
Over the past year, Magnus Steel & Infra Ltd’s stock price has remained flat with a 0.00% change, contrasting with the Sensex’s 8.77% gain. However, the recent rally has clearly shifted the stock’s trajectory, culminating in the fresh 52-week peak.
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Mojo Score and Rating Update
Magnus Steel & Infra Ltd currently holds a Mojo Score of 50.0, reflecting a Hold rating. This represents an upgrade from its previous Sell grade, which was revised on 11 Nov 2025. The stock’s Market Cap Grade stands at 4, indicating a moderate market capitalisation relative to its peers in the Other Electrical Equipment sector.
The upgrade in rating aligns with the recent price performance and technical strength, signalling a shift in the stock’s quality assessment by rating agencies.
Sector and Industry Positioning
Operating within the Other Electrical Equipment industry, Magnus Steel & Infra Ltd’s recent price surge places it in a noteworthy position among its sector peers. The stock’s outperformance relative to the sector on the day of the new high highlights its relative strength amid a mixed market environment.
Trading above all major moving averages further emphasises the stock’s positive technical setup, which is often viewed as a key factor by market participants analysing momentum stocks.
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Price Volatility and Historical Range
The stock’s journey from its 52-week low of Rs.8.26 to the current high of Rs.50.85 represents a remarkable appreciation of over 515%. This wide price range over the past year illustrates significant volatility, which has been tempered recently by the steady gains over the last 11 sessions.
The sustained rally and new high suggest that the stock has entered a phase of renewed investor focus and price discovery, supported by favourable technical factors and an improved rating outlook.
Summary of Key Metrics
To summarise, Magnus Steel & Infra Ltd’s key data points as of 13 Feb 2026 are:
- New 52-week and all-time high price: Rs.50.85
- Consecutive gain period: 11 days
- Return over gain period: 21.83%
- Day change on new high: +1.99%
- Outperformance vs sector on day: +3.07%
- Mojo Score: 50.0 (Hold rating)
- Previous rating: Sell (upgraded on 11 Nov 2025)
- Market Cap Grade: 4
- Trading above all major moving averages (5, 20, 50, 100, 200 days)
These figures collectively highlight the stock’s strong recent performance and technical robustness within its sector and the broader market context.
Conclusion
Magnus Steel & Infra Ltd’s achievement of a new 52-week high at Rs.50.85 marks a significant milestone in its price performance. The stock’s sustained gains over the past 11 sessions, combined with its upgrade in rating and strong technical indicators, reflect a period of positive momentum. Despite a broader market environment that has seen some weakness, the stock’s relative strength within the Other Electrical Equipment sector is evident. This milestone underscores the evolving market dynamics surrounding Magnus Steel & Infra Ltd as it continues to trade above key moving averages and outperforms its sector peers.
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