MSP Steel & Power Ltd Hits 52-Week High, Outperforms Sector with Impressive Growth

Sep 18 2024 09:35 AM IST
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MSP Steel & Power Ltd, a smallcap company in the steel/sponge iron/pig iron industry, has hit a 52-week high on September 18, 2024. The stock has been performing well, with a 5% gain today and a 22.2% rise in the last 5 days. It has also outperformed the sector by 4.76%. The company has shown a remarkable growth of 333.07% in the past year, indicating its strong potential in the market.

MSP Steel & Power Ltd, a smallcap company in the steel/sponge iron/pig iron industry, has recently hit a 52-week high on September 18, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

The stock opened with a gain of 5% today and has been gaining for the last 5 consecutive days, with a rise of 22.2% in this period. It has also outperformed the sector by 4.76% today. The intraday high for the stock was Rs. 54.61, which is also the new 52-week high.

MSP Steel & Power Ltd has been highly volatile today, with an intraday volatility of 23.22%. This is calculated from the weighted average price. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, MSP Steel & Power Ltd has shown a remarkable performance with a growth of 333.07%, while the Sensex has only grown by 22.81%. This shows the strong potential of the company in the market.

MSP Steel & Power Ltd is a smallcap company, but its performance in the steel/sponge iron/pig iron industry has been impressive. With its recent 52-week high and consistent growth, the company is definitely one to watch out for in the market.
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