Mahamaya Steel Industries Achieves 52-Week High Amidst Strong Market Performance

Jul 28 2025 09:42 AM IST
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Mahamaya Steel Industries has achieved a new 52-week high of Rs. 375, reflecting significant growth in the iron and steel sector. The stock has risen 242.33% over the past year, contrasting sharply with the Sensex's minimal gain, showcasing the company's strong recovery and performance trajectory.
Mahamaya Steel Industries has made headlines today as its stock price reached a new 52-week high of Rs. 375, marking a significant milestone for the microcap company in the iron and steel products sector. The stock opened with a notable gain of 4.46%, reflecting a strong start to the trading session. However, it underperformed compared to its sector, which saw a gain of 2.84%, by 1.04%.

In terms of moving averages, Mahamaya Steel's stock is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. This indicates a mixed short-term performance relative to longer-term trends.

Over the past year, Mahamaya Steel Industries has demonstrated impressive growth, with a remarkable increase of 242.33%, significantly outpacing the Sensex, which has only gained 0.11% during the same period. The stock's 52-week low was recorded at Rs. 99, highlighting the substantial recovery and growth trajectory it has experienced. As the market continues to evolve, Mahamaya Steel's performance remains a point of interest within the iron and steel industry.
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