Steelcast Experiences Revision in Its Score Amid Strong Market Performance and New Highs

Jan 07 2025 09:35 AM IST
share
Share Via
Steelcast has recently been added to MarketsMojo's list following a revision in its score, reflecting the company's strong performance metrics. The stock reached a new 52-week high, significantly outperforming the Sensex and demonstrating consistent gains over the past week. Its positive trajectory is supported by favorable moving averages and robust trading activity.
Steelcast, a small-cap player in the castings and forgings industry, has recently made headlines as its stock price reached a new 52-week high of Rs. 939.45 on January 7, 2025. This milestone reflects a significant performance uptick, with the stock outperforming its sector by 3.31% today alone.

The stock has demonstrated a strong upward trend, gaining consecutively over the past five days and achieving a notable return of 10.43% during this period. Today's trading session also saw Steelcast experience high volatility, with an intraday fluctuation of 28.48%.

In terms of technical indicators, Steelcast is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust market position. Additionally, the company has been added to MarketsMOJO's list, indicating a revision in its score based on recent performance metrics.

With a remarkable one-year performance of 42.26%, Steelcast continues to distinguish itself against the backdrop of the Sensex, which has recorded an 8.81% increase in the same timeframe.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News