Mahamaya Steel Industries Achieves 52-Week High Amid Strong Market Performance

Mar 25 2025 09:39 AM IST
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Mahamaya Steel Industries has reached a new 52-week high of Rs. 265, showcasing strong performance in the ferrous metal sector. The stock has outperformed its sector and demonstrated significant gains over the past week. It is currently trading above multiple moving averages, indicating a robust upward trend.
Mahamaya Steel Industries has made headlines today as its stock price reached a new 52-week high of Rs. 265, marking a significant milestone for the microcap company in the ferrous metal industry. The stock has shown impressive performance, outperforming its sector by 1.54% and achieving a remarkable 10.42% increase over the past five days.

Trading activity has been robust, with the stock hitting an intraday high of Rs. 265, reflecting a 3.11% rise for the day. Notably, Mahamaya Steel is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

In the broader market context, the Sensex opened positively, gaining 311.90 points and currently trading at 78,388.16, up 0.52%. The index has experienced a three-week consecutive rise, with a total gain of 7.09% during this period. Over the past year, Mahamaya Steel Industries has delivered an impressive return of 164.08%, significantly outpacing the Sensex's performance of 7.66%. The stock's 52-week low stands at Rs. 94.15, highlighting its substantial growth trajectory.
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