Key Events This Week
1 June: New 52-week high at Rs.45.04 and upper circuit hit
1 June: Very positive quarterly results with margin expansion reported
2 June: Upper circuit hit again amid robust buying pressure
5 June: Week closes at Rs.41.09, down 4.22%

MSP Steel & Power Ltd Locks at Upper Circuit With 4.98% Gain — Buyers Queue, Sellers Absent
2026-06-12 15:00:11At Rs 41.97, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. MSP Steel & Power Ltd locked at its upper circuit of 4.98% on 12 Jun 2026, with buyers queuing and no sellers willing to part with shares.
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MSP Steel & Power Ltd is Rated Hold
2026-06-10 10:10:27MSP Steel & Power Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 May 2026. However, the analysis and financial metrics presented here reflect the company’s current position as of 10 June 2026, providing investors with the latest insights into its performance and outlook.
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MSP Steel & Power Ltd Locks at Upper Circuit With 3.79% Gain — Buyers Queue, Sellers Absent
2026-06-02 11:00:09At Rs 42.69, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. MSP Steel & Power Ltd locked at its upper circuit of 3.79% on 2 Jun 2026, with buyers queuing and no sellers willing to part with shares.
Read full news articleAre MSP Steel & Power Ltd latest results good or bad?
2026-06-01 19:22:03The latest financial results for MSP Steel & Power Ltd for the quarter ended March 2026 indicate notable operational trends. The company reported a consolidated net profit of ₹85.20 crore, reflecting a substantial quarter-on-quarter growth of 1,451.91%. This surge in profit was significantly influenced by an unusual tax credit of ₹37.19 crore, which artificially inflated the bottom line. Revenue for the same quarter reached ₹816.32 crore, marking a quarter-on-quarter increase of 27.77%, driven by improved product realization and volume growth. However, year-on-year revenue growth remained modest at 7.40%. The operating profit margin also showed a positive trend, expanding to 9.49%, the highest in eight quarters, indicating enhanced operational efficiency. Despite these improvements, the company continues to face challenges, including a high level of promoter pledging at 71.27% of total shares, which rais...
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