MSP Steel & Power Shows Mixed Technical Trends Amidst Market Challenges
2025-04-03 08:01:07MSP Steel & Power, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 28.70, showing a slight increase from the previous close of 28.20. Over the past year, MSP Steel has experienced a 4.52% decline, contrasting with a 3.67% gain in the Sensex, indicating a challenging performance relative to the broader market. In terms of technical indicators, the weekly MACD remains bearish, while the monthly outlook is mildly bearish. The Relative Strength Index (RSI) shows bullish momentum on a weekly basis, but no significant signal on a monthly scale. Bollinger Bands and KST also reflect a mildly bearish trend, suggesting caution in the short term. However, the On-Balance Volume (OBV) indicates a mildly bullish sentiment over both weekly and monthly periods. Notably, MSP Steel has demon...
Read MoreMSP Steel & Power Hits Upper Circuit Limit Amid Declining Investor Participation
2025-04-02 10:00:21MSP Steel & Power Ltd, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 28.67, reflecting a change of 0.94, or an increase of 3.44%. The last traded price was recorded at 28.25, with a price band of 5%. During the trading session, MSP Steel & Power saw a total traded volume of approximately 7.89 lakh shares, resulting in a turnover of around 2.22 crore. The stock's performance today indicates a trend reversal, having fallen after three consecutive days of gains. Despite this, it remains above its 5-day and 20-day moving averages, although it is lower than its 50-day, 100-day, and 200-day moving averages. Investor participation appears to be declining, with delivery volume dropping by 59.26% compared to the 5-day average. Overall, while MSP Steel & Power has experienced notable activity ...
Read MoreMSP Steel & Power Ltd Experiences Strong Market Activity and Positive Momentum
2025-04-01 12:00:09MSP Steel & Power Ltd, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has made headlines today as its stock hit the upper circuit limit, reaching a high price of 28.67. The stock experienced a notable change of 0.49, translating to a percentage increase of 1.79. The last traded price stood at 27.8, with a price band of 5%. Throughout the trading session, MSP Steel & Power demonstrated robust activity, with a total traded volume of approximately 4.83 lakh shares and a turnover of around Rs 1.36 crore. The stock has shown consistent performance, outperforming its sector by 2.1% and achieving a remarkable 10.41% return over the last three days. In terms of moving averages, the stock is currently higher than its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Additionally, investor participation has risen, with delivery volume increasing by 56.06...
Read MoreMSP Steel & Power Ltd Sees Surge in Trading Activity and Investor Participation
2025-03-28 10:00:08MSP Steel & Power Ltd, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 26.43. The stock experienced a notable change of Rs 1.25, reflecting a percentage increase of 4.96%. Throughout the trading session, MSP Steel & Power recorded a total traded volume of approximately 16.98 lakh shares, resulting in a turnover of around Rs 4.31 crore. The stock's performance today outperformed its sector by 1.98%, marking a positive trend as it has gained 6.35% over the last two days. The stock's price movement indicates it is currently higher than its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day moving averages. Additionally, the delivery volume has seen a significant rise, increasing by 73.8% compared to the 5-day average, suggesting heightened investor participat...
Read MoreMSP Steel & Power Ltd Surges Amid Strong Trading Activity and Sector Outperformance
2025-03-10 10:00:14MSP Steel & Power Ltd, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has shown remarkable activity today, hitting its upper circuit limit with a notable intraday high of Rs 28.67. The stock experienced a positive change of Rs 1.36, reflecting a percentage increase of 4.98%. This performance has allowed MSP Steel to outperform its sector, which recorded a 1D return of just 0.98%. Trading activity was robust, with a total traded volume of approximately 2.12 lakh shares and a turnover of Rs 0.61 crore. The stock opened with a gap up, maintaining its price throughout the trading session without any fluctuations. Over the past five days, MSP Steel has demonstrated a strong upward trend, accumulating a total return of 27.54%. In terms of moving averages, the stock is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Despite a dec...
Read MoreMSP Steel & Power Ltd Sees Strong Buying Activity Amid Significant Price Gains
2025-03-10 09:35:20MSP Steel & Power Ltd is currently witnessing significant buying activity, with the stock gaining 4.98% today, outperforming the Sensex, which rose by only 0.17%. Over the past week, MSP Steel has shown remarkable performance, with a 27.47% increase, while the Sensex recorded a modest gain of 1.88%. This marks five consecutive days of gains for the stock, reflecting a strong upward trend in the short term. The stock opened with a gap up of 4.73% today and reached an intraday high of Rs 28.86, indicating robust buyer interest. Despite a challenging month and year-to-date performance, where the stock is down 12.84% and 36.08% respectively, the recent surge suggests a shift in market sentiment. Factors contributing to this buying pressure may include improved market conditions for the steel industry, potential operational efficiencies, or strategic initiatives by the company. MSP Steel's performance relative...
Read MoreMSP Steel & Power Ltd Achieves Significant Trading Activity Amid Sector Outperformance
2025-03-07 10:00:45MSP Steel & Power Ltd, a small-cap player in the Steel/Sponge Iron/Pig Iron industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 27.31, reflecting a 5% increase from the previous close. This performance is notable as it outperformed its sector by 4.41%, contributing to a consecutive gain over the last four days, with a total rise of 21.49% during this period. The last traded price (LTP) stands at Rs 27.31, with a change of Rs 1.3. The stock's price band is set at 5%, indicating a robust trading session. The total traded volume reached approximately 2.45 lakh shares, resulting in a turnover of around Rs 0.66 crore. Despite a decline in delivery volume, which fell by 73.5% against the five-day average, the stock remains liquid enough for trades of Rs 0.06 crore based on 2% of the five-day average traded value. Overall, MSP Steel & Power Ltd...
Read MoreMSP Steel & Power Ltd Achieves Notable Gains Amid Broader Market Decline
2025-03-07 09:40:36MSP Steel & Power Ltd is witnessing significant buying activity, with the stock gaining 4.96% today, contrasting sharply with the Sensex, which has declined by 0.28%. Over the past week, MSP Steel has shown a robust performance, increasing by 15.99%, while the Sensex has only risen by 1.27%. Notably, the stock has been on a consecutive gain streak for the last four days, accumulating a total return of 21.42% during this period. Despite its recent gains, MSP Steel's performance over longer time frames reveals a mixed picture. The stock is down 20.25% over the past month and 39.11% year-to-date, while the Sensex has experienced a smaller decline of 4.79% and 5.13%, respectively. However, the three-year and five-year performances are impressive, with gains of 137.80% and 484.89%, respectively, compared to the Sensex's 40.29% and 97.28%. Today's trading saw the stock reach an intraday high of Rs 27.49. The st...
Read MoreMSP Steel & Power Ltd Sees Significant Buying Activity Amid Price Gains
2025-03-06 10:25:07MSP Steel & Power Ltd is currently witnessing significant buying activity, with the stock gaining 4.97% today, outperforming the Sensex, which saw a modest increase of 0.04%. Over the past three days, MSP Steel has recorded consecutive gains, accumulating a total return of 15.68%. The stock reached an intraday high of Rs 26.19 during today's trading session. In terms of longer-term performance, MSP Steel has faced challenges, with a decline of 23.78% over the past month and 41.99% year-to-date. However, its performance over three years shows a substantial increase of 117.52%, significantly outpacing the Sensex's 35.76% rise in the same period. The recent buying pressure may be attributed to various factors, including market sentiment and potential developments within the steel industry. Notably, the stock is currently trading above its 5-day moving average but remains below its 20-day, 50-day, 100-day, a...
Read MoreAnnouncement under Regulation 30 (LODR)-Allotment
31-Mar-2025 | Source : BSEThe company informs the exchange under regulation 30 of SEBI Listing Regulation about allotment of securities on conversion of OCD into Equity Shares in Meeting Dated 31st March 2025.
Intimation Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Conversion Request By The Lenders/OCD Holders To The Company To Convert Optionally Convertible Debentures.
29-Mar-2025 | Source : BSEConversion notice recieved from Bank of Baroda (OCD Holder) to allot Equity Shares pursuant to conversion of Optionally Convertible Debentures.
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) Of The SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015
29-Mar-2025 | Source : BSEMSP Steel & Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/03/2025 inter alia to consider and approve Board of Directors of the Company is scheduled to be held on Monday March 31 2025 at the Registered Office of the Company situated at South City Business Park 10th Floor 770 Anandapur EM Bypass E.K.T Kolkata West Bengal India 700107 (Board Meeting) to consider and approve inter alia the following matters: 1. To allot Equity Shares pursuant to conversion of OCDs to the Lender/OCD Holder of the Company on the receipt of its conversion notice 2. Any other business with consent of the Chairman.
Corporate Actions
No Upcoming Board Meetings
MSP Steel & Power Ltd has declared 2% dividend, ex-date: 14 Sep 12
No Splits history available
No Bonus history available
No Rights history available