Mahamaya Steel Industries Hits New 52-Week High of Rs. 793
Mahamaya Steel Industries achieved a new 52-week high of Rs. 793 on November 17, 2025, reflecting strong performance in the iron and steel sector. The stock has gained 31.01% over the past eight days and is trading above key moving averages, indicating robust momentum amid high volatility.
Mahamaya Steel Industries has reached a significant milestone by hitting a new 52-week high of Rs. 793 on November 17, 2025. This achievement marks a notable performance for the microcap company in the iron and steel products sector. Over the past eight days, the stock has demonstrated a remarkable upward trend, gaining 31.01% during this period.The stock's performance today aligns with sector trends, reflecting a positive market environment. Notably, Mahamaya Steel is trading above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating strong momentum. However, the stock has also exhibited high volatility, with an intraday volatility rate of 98.62%, suggesting active trading and fluctuations in investor sentiment.
In the broader market context, the Sensex opened higher and is currently trading at 84,702.64, just 0.69% away from its own 52-week high. The overall market sentiment remains bullish, with mid-cap stocks leading the gains today. Mahamaya Steel's impressive one-year performance of 257.37% further underscores its strong position within the industry.
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