Visa Steel Hits New 52-Week High of Rs. 70.18 Amid Strong Momentum
Visa Steel has achieved a new 52-week high of Rs. 70.18, reflecting strong performance in the ferrous metals sector. The stock has gained for 12 consecutive days, yielding a 79.4% return. It is trading above key moving averages, indicating a robust upward trend amid positive broader market sentiment.
Visa Steel has reached a significant milestone by hitting a new 52-week high of Rs. 70.18 on October 16, 2025. This achievement marks a notable performance for the microcap company in the ferrous metals industry, as it has outperformed its sector by 4.9% today. The stock has demonstrated impressive momentum, gaining for the last 12 consecutive days and delivering a remarkable 79.4% return during this period.Opening with a 5% gain, Visa Steel's stock price has remained steady at Rs. 70.18 throughout the trading session, reflecting strong market interest. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.
In the broader market context, the Sensex has also shown positive movement, trading at 82,935.51, just 1.4% shy of its own 52-week high. The overall market sentiment remains bullish, with small-cap stocks leading the way. Visa Steel's performance stands out, especially when compared to the Sensex's modest 1.77% gain over the past year, highlighting the company's strong position in the current market landscape.
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