MSP Steel & Power Ltd (MSPL) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

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  "main_header": {
    "sid": 254772,
    "name": "MSP Steel & Pow.",
    "stock_name": "MSP Steel & Pow.",
    "full_name": "MSP Steel & Power Ltd",
    "name_url": "stocks-analysis/msp-steel-pow",
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    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "40.58",
    "chg": -0.51,
    "chgp": "-1.24%",
    "dir": -1,
    "prev_price": "41.09",
    "mcapval": "2,304.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 532650,
    "symbol": "MSPL",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "sector_id": 44,
    "indexname": "India SENSEX",
    "isin": "INE752G01015",
    "curr_date": "Jun 08, 03:30 PM",
    "curr_time": "19:09 PM",
    "last_traded_at": "Jun 08, 03:30 PM IST",
    "bse_nse_vol": "50.6 lacs",
    "exc_status": "Active",
    "traded_date": "Jun 08, 2026",
    "traded_date_str": "2026 06 08",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "MSP Steel & Power Ltd Locks at Upper Circuit With 3.79% Gain — Buyers Queue, Sellers Absent",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-surges-to-upper-circuit-amid-robust-buying-pressure-4030778",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_stocks_hitting_upper_circuit_4030778.png",
        "date": "2026-06-02 11:00:09",
        "description": "At 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."
      },
      {
        "title": "Are MSP Steel & Power Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-msp-steel-power-ltd-latest-results-good-or-bad-4027972",
        "imagepath": "",
        "date": "2026-06-01 19:22:03",
        "description": "The 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. \n\nRevenue 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.\n\nDespite these improvements, the company continues to face challenges, including a high level of promoter pledging at 71.27% of total shares, which rais..."
      },
      {
        "title": "MSP Steel & Power Q4 FY26: Exceptional Turnaround Masks Underlying Fragility",
        "link": "https://www.marketsmojo.com/news/result-analysis/msp-steel-power-q4-fy26-exceptional-turnaround-masks-underlying-fragility-4026925",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPower_quaterlyResult_4026925.png",
        "date": "2026-06-01 13:03:57",
        "description": "MSP Steel & Power Ltd., the Kolkata-based steel manufacturer with a market capitalisation of ₹2,310.26 crores, reported a remarkable turnaround in Q4 FY26 with consolidated net profit surging to ₹85.20 crores from just ₹5.49 crores in Q3 FY26—a staggering quarter-on-quarter jump of 1,451.91%. However, this seemingly spectacular performance reverses on a year-on-year basis, declining 351.85% from a loss of ₹33.83 crores in Q4 FY25, revealing the company's persistent earnings volatility. The stock reacted negatively to the results, falling 4.99% to ₹40.76 on June 1, 2026, as investors grappled with mixed signals from the highly irregular earnings trajectory."
      },
      {
        "title": "MSP Steel & Power Ltd Reports Very Positive Quarterly Performance Amid Margin Expansion",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-reports-very-positive-quarterly-performance-amid-margin-expansion-4026363",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_fintrenddot_4026363.png",
        "date": "2026-06-01 11:00:18",
        "description": "MSP Steel & Power Ltd has delivered a very positive financial performance in the quarter ended March 2026, marking a significant improvement in key metrics such as revenue, profitability, and operating margins. This turnaround has prompted an upgrade in the company’s mojo grade from Sell to Hold, reflecting growing investor confidence amid a challenging iron and steel sector backdrop."
      },
      {
        "title": "A 5% Single-Day Surge Takes MSP Steel & Power Ltd to Its Upper Circuit Limit of Rs 44.85",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-hits-upper-circuit-amid-strong-buying-pressure-4025992",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_stocks_hitting_upper_circuit_4025992.png",
        "date": "2026-06-01 10:00:14",
        "description": "At Rs 44.85, the buying was done — not because demand dried up, but because the exchange wouldn't let the stock go any higher. MSP Steel &amp; Power Ltd locked at its upper circuit of 5% on 1 Jun 2026, with buyers queuing and no sellers willing to part with shares."
      },
      {
        "title": "Broad-Based Technical Strength Lifts MSP Steel & Power Ltd to 52-Week High of Rs 45.04",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-hits-new-52-week-high-at-rs4504-4025802",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_priceRelatedfactors_4025802.png",
        "date": "2026-06-01 09:48:33",
        "description": "With a 52.13% gain over the past year, MSP Steel & Power Ltd has surged well ahead of the Sensex, which declined 8.03% in the same period. The stock touched a fresh 52-week high of Rs 45.04 on 1 Jun 2026, propelled by a confluence of bullish technical indicators and sustained price momentum."
      },
      {
        "title": "MSP Steel & Power Ltd Valuation Shifts Signal Renewed Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-valuation-shifts-signal-renewed-price-attractiveness-4025051",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_valuationdot_4025051.png",
        "date": "2026-06-01 08:01:10",
        "description": "MSP Steel & Power Ltd has witnessed a notable shift in its valuation parameters, moving from an expensive to a fair valuation grade, signalling a potential inflection point for investors. With a current price of ₹42.90 and a market cap classified as small-cap, the company’s price-to-earnings (P/E) ratio now stands at a lofty 148.38, yet this is viewed as fair relative to its historical and peer benchmarks. This article analyses the valuation changes, compares MSP Steel’s metrics with industry peers, and assesses the implications for investors amid a backdrop of strong stock returns versus the broader market."
      },
      {
        "title": "MSP Steel & Power Ltd is Rated Hold",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/msp-steel-power-ltd-is-rated-hold-4022438",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MSPSteelPowerLt_mojoScore_4022438.png",
        "date": "2026-05-30 10:10:31",
        "description": "MSP Steel & Power Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 30 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook."
      },
      {
        "title": "Broad-Based Technical Strength Lifts MSP Steel & Power Ltd to 52-Week High of Rs 43.95",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-hits-new-52-week-high-at-rs4395-4013605",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/MSPSteelPowerLt_priceRelatedfactors_4013605.png",
        "date": "2026-05-26 10:36:17",
        "description": "With a decisive break above Rs 43.95 on 26 Jun 2026, MSP Steel & Power Ltd has reached a fresh 52-week high, extending its impressive 62.16% rally over the past year. This milestone comes amid a backdrop of strong technical momentum and sustained outperformance relative to the broader market, signalling robust price action for this small-cap iron and steel products company."
      }
    ],
    "total": 609,
    "sid": "254772",
    "stock_news_url": "https://www.marketsmojo.com/news/msp-steel-power-254772"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "01-Jun-2026",
      "details": "MSPL submits copies of newspaper publication wrt Audited Standalone & Consolidated Financial Results for the fourth quarter and year ended on 31st March 2026",
      "source": "BSE"
    },
    {
      "caption": "Outcome Of Board Meeting",
      "datetime": "30-May-2026",
      "details": "Outcome of Board Meeting",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting",
      "datetime": "30-May-2026",
      "details": "Outcome of Board Meeting",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "MSP Steel & Power Ltd has declared <strong>2%</strong> dividend, ex-date: 14 Sep 12",
          "dt": "2012-09-14",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
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}

News and Views

MSP Steel & Power Ltd Locks at Upper Circuit With 3.79% Gain — Buyers Queue, Sellers Absent

2026-06-02 11:00:09

At 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 article

Are MSP Steel & Power Ltd latest results good or bad?

2026-06-01 19:22:03

The 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...

Read full news article

MSP Steel & Power Q4 FY26: Exceptional Turnaround Masks Underlying Fragility

2026-06-01 13:03:57

MSP Steel & Power Ltd., the Kolkata-based steel manufacturer with a market capitalisation of ₹2,310.26 crores, reported a remarkable turnaround in Q4 FY26 with consolidated net profit surging to ₹85.20 crores from just ₹5.49 crores in Q3 FY26—a staggering quarter-on-quarter jump of 1,451.91%. However, this seemingly spectacular performance reverses on a year-on-year basis, declining 351.85% from a loss of ₹33.83 crores in Q4 FY25, revealing the company's persistent earnings volatility. The stock reacted negatively to the results, falling 4.99% to ₹40.76 on June 1, 2026, as investors grappled with mixed signals from the highly irregular earnings trajectory.

Read full news article

MSP Steel & Power Ltd Reports Very Positive Quarterly Performance Amid Margin Expansion

2026-06-01 11:00:18

MSP Steel & Power Ltd has delivered a very positive financial performance in the quarter ended March 2026, marking a significant improvement in key metrics such as revenue, profitability, and operating margins. This turnaround has prompted an upgrade in the company’s mojo grade from Sell to Hold, reflecting growing investor confidence amid a challenging iron and steel sector backdrop.

Read full news article

A 5% Single-Day Surge Takes MSP Steel & Power Ltd to Its Upper Circuit Limit of Rs 44.85

2026-06-01 10:00:14

At Rs 44.85, 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 5% on 1 Jun 2026, with buyers queuing and no sellers willing to part with shares.

Read full news article

Broad-Based Technical Strength Lifts MSP Steel & Power Ltd to 52-Week High of Rs 45.04

2026-06-01 09:48:33

With a 52.13% gain over the past year, MSP Steel & Power Ltd has surged well ahead of the Sensex, which declined 8.03% in the same period. The stock touched a fresh 52-week high of Rs 45.04 on 1 Jun 2026, propelled by a confluence of bullish technical indicators and sustained price momentum.

Read full news article

MSP Steel & Power Ltd Valuation Shifts Signal Renewed Price Attractiveness

2026-06-01 08:01:10

MSP Steel & Power Ltd has witnessed a notable shift in its valuation parameters, moving from an expensive to a fair valuation grade, signalling a potential inflection point for investors. With a current price of ₹42.90 and a market cap classified as small-cap, the company’s price-to-earnings (P/E) ratio now stands at a lofty 148.38, yet this is viewed as fair relative to its historical and peer benchmarks. This article analyses the valuation changes, compares MSP Steel’s metrics with industry peers, and assesses the implications for investors amid a backdrop of strong stock returns versus the broader market.

Read full news article

MSP Steel & Power Ltd is Rated Hold

2026-05-30 10:10:31

MSP Steel & Power Ltd is rated 'Hold' by MarketsMOJO, with this rating last updated on 18 May 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 30 May 2026, providing investors with an up-to-date view of the company’s fundamentals, valuation, financial trend, and technical outlook.

Read full news article

Broad-Based Technical Strength Lifts MSP Steel & Power Ltd to 52-Week High of Rs 43.95

2026-05-26 10:36:17

With a decisive break above Rs 43.95 on 26 Jun 2026, MSP Steel & Power Ltd has reached a fresh 52-week high, extending its impressive 62.16% rally over the past year. This milestone comes amid a backdrop of strong technical momentum and sustained outperformance relative to the broader market, signalling robust price action for this small-cap iron and steel products company.

Read full news article

View All News