Mahamaya Steel Industries Hits New 52-Week High of Rs. 630
Mahamaya Steel Industries achieved a new 52-week high of Rs. 630 on November 4, 2025, reflecting strong performance in the iron and steel sector. The stock has significantly outperformed its sector and is trading above key moving averages, indicating a positive trend amid a declining broader market.
Mahamaya Steel Industries has reached a significant milestone by hitting a new 52-week high of Rs. 630 on November 4, 2025. This achievement marks a notable increase of 4.06% for the day, reflecting the stock's strong performance in the iron and steel products sector. The stock has outperformed its sector by 1.25%, indicating robust demand and investor confidence in the company's operations. Additionally, Mahamaya Steel is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement.
In the broader market context, the Sensex is experiencing a slight decline, trading at 83,808.83, which is 1.77% away from its own 52-week high. Despite this, Mahamaya Steel's impressive one-year performance of 182.29% stands in stark contrast to the Sensex's 6.33% gain, highlighting the company's strong position within the industry. The stock's previous 52-week low was recorded at Rs. 179, showcasing its remarkable recovery and growth trajectory.
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