Mahamaya Steel Industries Hits New 52-Week High at Rs 621

Nov 03 2025 12:22 PM IST
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Mahamaya Steel Industries achieved a notable milestone by reaching its 52-week high of Rs 621 on November 3, 2025, reflecting a substantial increase over the past year. The stock remains strong, trading above key moving averages, while the broader market shows mixed performance with the Sensex nearing its own high.
Mahamaya Steel Industries has reached a significant milestone by touching its 52-week high of Rs 621 on November 3, 2025. This achievement highlights the stock's robust performance over the past year, with an impressive increase of 164.87%, significantly outpacing the Sensex, which has only gained 5.21% during the same period.

Despite today's performance indicating a slight underperformance against its sector by 2.11%, Mahamaya Steel remains in a strong position, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's intraday low was recorded at Rs 601, reflecting a decline of 2.55% from the previous close.

In the broader market context, the Sensex opened lower at 83,835.10, down by 103.61 points, and is currently trading at 83,860.42. The index is also nearing its own 52-week high, being just 1.7% away from the peak of 85,290.06. As small-cap stocks lead the market today, Mahamaya Steel's performance continues to draw attention within the iron and steel products industry.
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