MSP Steel & Power Ltd Experiences Surge in Trading Activity and Investor Interest

May 13 2025 10:00 AM IST
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MSP Steel & Power Ltd experienced significant trading activity today, reaching its upper circuit limit with a notable intraday high. The stock outperformed its sector, showing a positive trend over the past two days. Increased delivery volume indicates heightened investor interest in the company.
MSP Steel & Power Ltd, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 26.82, reflecting a notable increase of 4.97% from its previous close. The last traded price stands at Rs 25.55, marking an absolute change of Rs 1.21.

The stock's performance today has outpaced its sector by 4.35%, with a total traded volume of approximately 1.6997 lakh shares and a turnover of Rs 0.4336 crore. MSP Steel & Power opened the trading session with a gap up of 4.15%, indicating strong market interest. Over the past two days, the stock has gained 9.74%, showcasing a positive trend.

In terms of moving averages, the stock is currently above its 5-day moving average but below the longer-term averages of 20, 50, 100, and 200 days. Additionally, delivery volume has increased by 18.41% compared to the 5-day average, suggesting rising investor participation.

Overall, MSP Steel & Power Ltd has demonstrated solid performance today, reflecting a robust market position within its sector.
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