Mahamaya Steel Industries Achieves 52-Week High Amid Broader Market Decline

Jun 19 2025 03:50 PM IST
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Mahamaya Steel Industries has achieved a new 52-week high of Rs. 328.4, reflecting a strong upward trend in its stock performance. The company has outperformed its sector recently and demonstrated significant growth over the past year, with a notable recovery from its previous low of Rs. 97.9.
Mahamaya Steel Industries has made headlines today as its stock price reached a new 52-week high of Rs. 328.4. This milestone reflects a significant upward trend for the microcap company, which operates in the Iron & Steel Products industry. Over the past three days, Mahamaya Steel has demonstrated consistent performance, gaining 4.62% during this period and outperforming its sector by 2.64% today.

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 bullish trend. In contrast, the broader market, represented by the Sensex, is experiencing a slight decline, trading at 81,361.87, down 0.1% after a flat opening.

Over the past year, Mahamaya Steel Industries has shown remarkable growth, with a performance increase of 212.46%, significantly outpacing the Sensex's 5.20% rise. The stock's previous 52-week low was recorded at Rs. 97.9, highlighting the substantial recovery and growth trajectory the company has experienced in the past year.
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