Magnus Steel & Infra Ltd Hits New 52-Week High of Rs.40.9

Strong Momentum Drives Stock to New Heights

On 9 Jan 2026, shares of Magnus Steel & Infra Ltd, a player in the Other Electrical Equipment industry, reached Rs.40.9, surpassing previous highs and setting a new benchmark for the company’s equity valuation. This price represents a remarkable increase from its 52-week low of Rs.7.5, underscoring a substantial appreciation of 445.33% over the last year. In comparison, the broader Sensex index has recorded a modest gain of 7.68% during the same period, highlighting the stock’s exceptional relative performance.

The stock’s upward trajectory has been consistent, with a notable streak of 21 consecutive days of gains. Over this period, Magnus Steel & Infra Ltd has delivered returns of 51.15%, reflecting strong investor confidence and positive market dynamics within its sector. The stock’s ability to outperform the Other Electrical Equipment sector by 2.9% on the day it hit the new high further emphasises its leadership position.

Technical Indicators Confirm Uptrend

Technical analysis supports the bullish trend, as Magnus Steel & Infra Ltd is currently 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 is often interpreted as a strong signal of sustained upward momentum and market strength. The stock’s day change of 2.00% on the day of the new high reinforces this positive technical outlook.

In contrast, the Sensex index opened lower and closed down by 457.48 points, or 0.73%, at 83,564.61, remaining 3.1% shy of its own 52-week high of 86,159.02. While the Sensex trades below its 50-day moving average, the 50DMA remains above the 200DMA, indicating a mixed but cautiously optimistic market environment. Against this backdrop, Magnus Steel & Infra Ltd’s performance stands out as a notable exception.

Mojo Score and Grade Reflect Recent Improvements

Magnus Steel & Infra Ltd currently holds a Mojo Score of 50.0, reflecting a balanced assessment of its market and financial metrics. The company’s Mojo Grade has recently improved from a Sell to a Hold rating as of 11 Nov 2025, signalling a positive shift in its overall outlook. The Market Cap Grade stands at 3, indicating a mid-tier market capitalisation within its sector.

This upgrade in grading aligns with the stock’s strong price performance and technical indicators, suggesting that the company has made measurable progress in key areas that influence investor sentiment and valuation.

Sector and Industry Context

Operating within the Other Electrical Equipment sector, Magnus Steel & Infra Ltd’s performance is particularly noteworthy given the sector’s mixed results in recent months. While the broader market has experienced volatility, the company’s stock has demonstrated resilience and growth, setting it apart from many peers. The sector’s performance on the day of the new high was outpaced by Magnus Steel’s 2.9% relative outperformance, underscoring its leadership within the industry.

Historical Price Performance Highlights

The stock’s journey over the past year has been remarkable. From a low of Rs.7.5 to the current high of Rs.40.9, Magnus Steel & Infra Ltd has delivered a price appreciation of over 445%. This extraordinary growth contrasts sharply with the Sensex’s 7.68% gain over the same timeframe, illustrating the stock’s strong relative strength and market appeal.

Such a significant rise over a 12-month period is indicative of underlying factors that have supported the company’s valuation, including favourable market conditions, sectoral tailwinds, and company-specific developments that have resonated with market participants.

Trading Activity and Market Capitalisation

Magnus Steel & Infra Ltd’s market capitalisation is reflected in its Market Cap Grade of 3, placing it in the mid-cap category within its sector. The stock’s trading activity has been characterised by steady gains and increasing volumes, consistent with its upward price movement. The day’s 2.00% price increase and outperformance relative to the sector highlight ongoing investor engagement and confidence in the stock’s trajectory.

Summary of Key Metrics

To summarise, Magnus Steel & Infra Ltd’s key performance indicators as of 9 Jan 2026 include:

• New 52-week and all-time high price: Rs.40.9


• 21 consecutive days of gains


• 51.15% return over the last 21 days


• Mojo Score: 50.0


• Mojo Grade upgraded from Sell to Hold on 11 Nov 2025


• Market Cap Grade: 3


• Outperformance of sector by 2.9% on the day of new high


• Trading above all major moving averages (5, 20, 50, 100, 200 days)

These metrics collectively illustrate a stock that has gained significant traction and established a new price benchmark, supported by both technical and fundamental factors.

Market Environment and Broader Indices

While Magnus Steel & Infra Ltd has demonstrated strong gains, the broader market environment remains cautious. The Sensex index closed down by 0.73% on the same day, reflecting some market headwinds. Despite this, the index remains within 3.1% of its own 52-week high, suggesting that the overall market retains some underlying strength.

The divergence between the stock’s performance and the broader market highlights its unique position within the Other Electrical Equipment sector and the wider market landscape.

Conclusion

Magnus Steel & Infra Ltd’s achievement of a new 52-week high at Rs.40.9 marks a significant milestone in its market journey. The stock’s sustained momentum, reflected in consecutive gains and strong technical indicators, underscores its robust performance relative to both its sector and the broader market. The recent upgrade in Mojo Grade and solid market capitalisation further reinforce the company’s improved standing. As the stock continues to trade above key moving averages and outperform its peers, it remains a notable presence within the Other Electrical Equipment industry.

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