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

{ "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", "exchange": 0, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "44.22", "chg": 2.1, "chgp": "4.99%", "dir": 1, "prev_price": "42.12", "mcapval": "2,485.00 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 19, 03:30 PM", "curr_time": "15:53 PM", "last_traded_at": "Jun 19, 03:30 PM IST", "bse_nse_vol": "54.7 lacs", "exc_status": "Active", "traded_date": "Jun 19, 2026", "traded_date_str": "2026 06 19", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-registerF-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/msp-steel-pow-254772-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "MSP Steel & Power Ltd is Rated Hold by MarketsMOJO", "link": "https://www.marketsmojo.com/news/stock-recommendation/msp-steel-power-ltd-is-rated-hold-by-marketsmojo-4066127", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_mojoScore_4066127.png", "date": "2026-06-21 10:10:14", "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 company’s current position as of 21 June 2026, providing investors with an up-to-date view of its fundamentals, returns, and market standing." }, { "title": "MSP Steel & Power Ltd Locks at Upper Circuit With 5% Gain — Buyers Queue, Sellers Absent", "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-hits-upper-circuit-amid-robust-buying-pressure-4063394", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_stocks_hitting_upper_circuit_4063394.png", "date": "2026-06-19 11:00:10", "description": "At Rs 44.32, 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 18 Jun 2026, with buyers queuing and no sellers willing to part with shares." }, { "title": "MSP Steel & Power Ltd Falls 4.22%: 6 Key Factors Driving the Weekly Move", "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-falls-422-6-key-factors-driving-the-weekly-move-4053080", "imagepath": "", "date": "2026-06-14 14:02:17", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>1 June:</strong> New 52-week high at Rs.45.04 and upper circuit hit</p>\n <p><strong>1 June:</strong> Very positive quarterly results with margin expansion reported</p>\n <p><strong>2 June:</strong> Upper circuit hit again amid robust buying pressure</p>\n <p><strong>5 June:</strong> Week closes at Rs.41.09, down 4.22%</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.42.90</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.41.09</di..." }, { "title": "MSP Steel & Power Ltd Locks at Upper Circuit With 4.98% Gain — Buyers Queue, Sellers Absent", "link": "https://www.marketsmojo.com/news/stocks-in-action/msp-steel-power-ltd-surges-to-upper-circuit-on-robust-buying-pressure-4049245", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_stocks_hitting_upper_circuit_4049245.png", "date": "2026-06-12 15:00:11", "description": "At 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." }, { "title": "MSP Steel & Power Ltd is Rated Hold", "link": "https://www.marketsmojo.com/news/stock-recommendation/msp-steel-power-ltd-is-rated-hold-4044001", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/MSPSteelPowerLt_mojoScore_4044001.png", "date": "2026-06-10 10:10:27", "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 presented here reflect the company’s current position as of 10 June 2026, providing investors with the latest insights into its performance and outlook." }, { "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." } ], "total": 614, "sid": "254772", "stock_news_url": "https://www.marketsmojo.com/news/msp-steel-power-254772" }, "announcements": [ { "caption": "Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Outcome Of Board Meeting Dated 19Th June 2026.", "datetime": "19-Jun-2026", "details": "This is to inform you that pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the following matters were decided by the Board: 1.The Board of Directors has approved the proposal for variation in the objects for utilization of funds raised through the Preferential Issue of Convertible Warrants subject to approval of the members of the Company by way of Special Resolution at Extra Ordinary General meeting (EGM). 2. The Board has Approved Notice of EOGM. 3. The Board of Directors of the Company has approved the appointment of Swati Bajaj Practicing Company Secretary (Membership No. 13866 Certificate of Practice No.3502) as the Scrutinizer. 4. The Board of Directors with the permission of the Chair considered and discussed such other matters as were incidental and consequential to the business of the Company.", "source": "BSE" }, { "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011", "datetime": "19-Jun-2026", "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Swagat Trexim Pvt Ltd", "source": "BSE" }, { "caption": "Open Market Purchase Of Equity Shares By Promoter Entity", "datetime": "18-Jun-2026", "details": "Submission of Disclosure under regulation 7(2) read with Regulation 6(2) of the SEBI (PIT) Regulation 2015 (the Insider Trading Regulation) open Market Purchase of equity share.", "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": [] } ] }

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%

Week Open

Rs.42.90

Week Close

Rs.41.09Read full news article

MSP Steel & Power Ltd Locks at Upper Circuit With 4.98% Gain — Buyers Queue, Sellers Absent

2026-06-12 15:00:11

At 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.

Read full news article

MSP Steel & Power Ltd is Rated Hold

2026-06-10 10:10:27

MSP 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.

Read full news article

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