Key Events This Week
25 May: Reports very positive quarterly financial trend amid margin expansion
25 May: Forms Golden Cross, signalling potential bullish breakout
25 May: Surges to upper circuit on robust buying pressure
26 May: Upgraded to Buy on strong financial and technical improvements
26 May: Hits upper circuit again on robust buying momentum

Manaksia Steels Ltd Locks at Upper Circuit With 5% Gain — Buyers Queue, Sellers Absent
2026-05-26 12:00:09At Rs 72.36, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 4.99% on 25 May 2026, with buyers queuing and no sellers willing to part with shares.
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Manaksia Steels Ltd Upgraded to Buy on Strong Financial and Technical Improvements
2026-05-26 08:53:53Manaksia Steels Ltd has seen its investment rating upgraded from Hold to Buy, reflecting significant improvements across financial performance, valuation metrics, and technical indicators. The micro-cap ferrous metals company’s recent quarterly results and market trends have prompted a reassessment of its outlook, signalling renewed investor confidence.
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Golden Cross Forms in Manaksia Steels Ltd — On a Day the Stock Rose 4.99%. What the Mixed Signals Mean
2026-05-25 18:00:30The 50-day moving average has crossed above the 200-day moving average for Manaksia Steels Ltd, signalling a golden cross on 25 May 2026. Yet, the broader technical indicators and recent price action present a nuanced picture that tempers the enthusiasm often associated with this crossover.
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Manaksia Steels Ltd Locks at Upper Circuit With 5% Gain — Buyers Queue, Sellers Absent
2026-05-25 11:00:51At Rs 68.92, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. Manaksia Steels Ltd locked at its upper circuit of 5% on 25 May 2026, with buyers queuing and no sellers willing to part with shares.
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Manaksia Steels Ltd Reports Very Positive Quarterly Financial Trend Amid Margin Expansion
2026-05-25 08:00:18Manaksia Steels Ltd has delivered a very positive financial performance in the quarter ended March 2026, marking a notable shift from its previous outstanding trend. The company posted record quarterly figures across key metrics including net sales, operating profit, and earnings per share, signalling robust operational execution despite some liquidity challenges.
Read full news articleAre Manaksia Steels Ltd latest results good or bad?
2026-05-23 19:22:47Manaksia Steels Ltd's latest financial results for Q4 FY26 highlight a significant operational turnaround, showcasing record-breaking revenue and profitability metrics. The company reported net sales of ₹333.08 crores, reflecting a quarter-on-quarter growth of 4.79% and a year-on-year increase of 63.16%. This sustained growth trajectory has been consistent throughout the fiscal year, indicating the company's ability to capture market share within the competitive ferrous metals sector. Notably, the net profit surged to ₹19.32 crores, marking a dramatic 101.04% increase compared to the previous quarter and a staggering 310.19% year-on-year growth. This performance is underscored by an impressive operating margin of 11.40%, which expanded significantly from 4.85% in the prior quarter, suggesting improved operational efficiency and a favorable product mix. However, the results also reveal some areas of concer...
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Manaksia Steels Q4 FY26: Stellar Profit Surge Masks Margin Volatility Concerns
2026-05-22 22:31:43Manaksia Steels Ltd., a Kolkata-based manufacturer of cold rolled and galvanised steel products, reported a remarkable 101.04% quarter-on-quarter surge in net profit for Q4 FY26, reaching ₹19.32 crores compared to ₹9.61 crores in Q3 FY26. On a year-on-year basis, the micro-cap company delivered an even more impressive 310.19% profit growth, signalling a dramatic operational turnaround from the subdued performance of the previous year.
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