Manaksia Steels Ltd (MANAKSTEEL) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 939595,
    "name": "Manaksia Steels",
    "stock_name": "Manaksia Steels",
    "full_name": "Manaksia Steels Ltd",
    "name_url": "stocks-analysis/manaksia-steels",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "61.51",
    "chg": -2.71,
    "chgp": "-4.22%",
    "dir": -1,
    "prev_price": "64.22",
    "mcapval": "410.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 539044,
    "symbol": "MANAKSTEEL",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE824Q01011",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": "60.01 k",
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
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    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Manaksia Steels Sees Shift in Market Assessment Amid Positive Financial and Technical Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/manaksia-steels-upgraded-to-buy-on-strong-technical-and-financial-performance-3743136",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ManaksiaSteels_mojoScore_3743136.png",
        "date": "2025-12-03 08:20:31",
        "description": "Manaksia Steels has experienced a notable revision in its market evaluation, reflecting a combination of encouraging financial results and evolving technical indicators. The company’s recent quarterly performance, alongside shifts in market trends, has contributed to a fresh analytical perspective on its investment potential within the ferrous metals sector."
      },
      {
        "title": "Why is Manaksia Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-manaksia-steels-fallingrising-3742490",
        "imagepath": "",
        "date": "2025-12-03 00:51:31",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Consistent Outperformance Against Benchmarks</strong></p>\n<p>Manaksia Steels has demonstrated impressive returns over multiple time horizons compared to the broader Sensex index. Over the past week, the stock surged by 5.64%, significantly outperforming the Sensex’s modest 0.65% gain. This trend extends to the monthly performance, where Manaksia Steels appreciated by 10.52%, dwarfing the Sensex’s 1.43% rise. Even on a longer-term basis, the stock’s three-year return of 78.55% more than doubles the Sensex’s 35.42%, while its five-year gain of 378.36% vastly outstrips the benchmark’s 90.82%.</p>\n<p>These figures highlight the stock’s strong growth trajectory and resilience, factors that likely contribute to investor confidence and buying interest.</p>\n<div class=\"promo-strategy-box\">\n<p><stron..."
      },
      {
        "title": "How has been the historical performance of Manaksia Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-manaksia-steels-3742252",
        "imagepath": "",
        "date": "2025-12-02 23:01:23",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Profitability Trends</strong></p>\n<p>Over the seven-year period ending March 2025, Manaksia Steels’ net sales demonstrated notable volatility. The company recorded peak sales in fiscal 2023 at over ₹740 crores, followed by a decline to approximately ₹634 crores in the latest fiscal year. This dip reflects a contraction of around 7% compared to the previous year, indicating challenges in sustaining top-line growth amid market conditions.</p>\n<p>Operating profit margins, excluding other income, have mirrored this variability. The margin peaked at 8.7% in fiscal 2022 but declined sharply to 2.33% by March 2025. Correspondingly, the operating profit (PBDIT) excluding other income fell from over ₹53 crores in 2024 to under ₹15 crores in 2025. Despite this, other income contributed pos..."
      },
      {
        "title": "Manaksia Steels Hits Upper Circuit Amid Strong Buying Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/manaksia-steels-surges-to-upper-circuit-on-robust-buying-momentum-3735637",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ManaksiaSteels_stocks_hitting_upper_circuit_3735637.png",
        "date": "2025-11-28 12:00:10",
        "description": "Manaksia Steels Ltd witnessed a robust trading session on 28 Nov 2025, hitting its upper circuit limit with a maximum daily gain of 4.99%, reflecting strong buying interest and a notable reversal after a four-day decline. The stock outperformed its sector and broader market indices, signalling renewed investor enthusiasm in the ferrous metals space."
      },
      {
        "title": "Manaksia Steels Surges with Unprecedented Buying Interest, Eyes Multi-Day Upper Circuit",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/manaksia-steels-hits-upper-circuit-amid-unprecedented-buying-interest-3735615",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ManaksiaSteels_only_buyers_3735615.png",
        "date": "2025-11-28 11:45:45",
        "description": "Manaksia Steels Ltd has witnessed extraordinary buying momentum, registering a sharp gain of 4.98% today and trading exclusively with buy orders in the queue. This rare market phenomenon signals robust investor enthusiasm and the potential for a sustained multi-day upper circuit scenario in the ferrous metals sector."
      },
      {
        "title": "Is Manaksia Steels overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-manaksia-steels-overvalued-or-undervalued-3709899",
        "imagepath": "",
        "date": "2025-11-18 08:24:06",
        "description": "As of 17 November 2025, the valuation grade for Manaksia Steels has moved from expensive to attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 23.76, an EV to EBITDA ratio of 12.69, and a PEG ratio of 0.49, suggesting strong growth potential relative to its price. \n\nIn comparison to its peers, Manaksia Steels stands out as more attractively valued than JSW Steel, which has a PE ratio of 46.87, and Jindal Steel, with a PE ratio of 27.76. Additionally, Tata Steel, also rated attractive, has a higher PE ratio of 29.08, further supporting the notion that Manaksia Steels is undervalued in its sector. Notably, the company's stock has outperformed the Sensex over various periods, including a 78.91% return over three years compared to the Sensex's 37.57%, reinforcing its investment appeal...."
      },
      {
        "title": "How has been the historical performance of Manaksia Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-manaksia-steels-3708922",
        "imagepath": "",
        "date": "2025-11-17 23:11:32",
        "description": "Answer:\nThe historical performance of Manaksia Steels shows a fluctuating trend in key financial metrics over the years.\n\nBreakdown:\nManaksia Steels' net sales have seen a decline from INR 742.38 crore in March 2023 to INR 634.26 crore in March 2025, with a peak in March 2023. The total operating income followed a similar trend, decreasing from INR 742.38 crore in March 2023 to INR 634.26 crore in March 2025. The raw material costs peaked at INR 617.77 crore in March 2023 but decreased to INR 551.74 crore by March 2025. Operating profit (PBDIT) also declined significantly from INR 61.36 crore in March 2022 to INR 27.32 crore in March 2025. Profit before tax dropped from INR 48.93 crore in March 2022 to INR 12.00 crore in March 2025, while profit after tax decreased from INR 35.32 crore in March 2022 to INR 9.75 crore in March 2025. The company's total liabilities increased from INR 420.11 crore in March 202..."
      },
      {
        "title": "Why is Manaksia Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-manaksia-steels-fallingrising-3708575",
        "imagepath": "",
        "date": "2025-11-17 22:55:42",
        "description": "As of 17-Nov, Manaksia Steels Ltd's stock price is currently at 65.66, reflecting an increase of 2.34, or 3.7%. The stock has been on a positive trajectory, gaining for the last four days and achieving a total return of 11.29% during this period. It opened with a significant gap up of 4.99% today and reached an intraday high of Rs 66.48. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 308.13% compared to the 5-day average. Unfortunately, the Positive and Negative Factors section is unavailable, which limits further insights into specific catalysts for this movement.\n\nBroader Market Context: In the context of broader market performance, Manaksia Steels has outperformed the Sensex, which has only increased by 1.69%..."
      },
      {
        "title": "Manaksia Steels Stock Hits Upper Circuit Limit with Intraday High of Rs 66.71",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/manaksia-steels-stock-hits-upper-circuit-limit-with-intraday-high-of-rs-6671-3707141",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ManaksiaSteels_stocks_hitting_upper_circuit_3707141.png",
        "date": "2025-11-17 11:00:15",
        "description": "Manaksia Steels Ltd, a microcap in the Ferrous Metals industry, reached its upper circuit limit today, reflecting a notable increase. The stock has gained for four consecutive days, outperforming its sector and showing strong trading volume and delivery participation, indicating positive momentum in the market."
      }
    ],
    "total": 196,
    "sid": "939595",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/manaksia-steels-939595"
  },
  "announcements": [
    {
      "caption": "Un-Audited Financial Results (Both Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended 31St December 2025",
      "datetime": "31-Jan-2026",
      "details": "Un-audited Financial Results (both Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting Held On 31St January 2026",
      "datetime": "31-Jan-2026",
      "details": "The Board of Directors of the Company at its meeting held today i.e. Saturday 31st January 2026 has inter-alia approved the Un-audited Financial Results (both Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December 2025",
      "source": "BSE"
    },
    {
      "caption": "Key Financial Highlights On Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December 2025",
      "datetime": "31-Jan-2026",
      "details": "Key Financial Highlights on Un-audited financial results for the quarter and nine months ended 31st December 2025",
      "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": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "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": []
    }
  ]
}

News and Views

Manaksia Steels Sees Shift in Market Assessment Amid Positive Financial and Technical Signals

2025-12-03 08:20:31

Manaksia Steels has experienced a notable revision in its market evaluation, reflecting a combination of encouraging financial results and evolving technical indicators. The company’s recent quarterly performance, alongside shifts in market trends, has contributed to a fresh analytical perspective on its investment potential within the ferrous metals sector.

Why is Manaksia Steels falling/rising?

2025-12-03 00:51:31

Consistent Outperformance Against Benchmarks Manaksia Steels has demonstrated impressive returns over multiple time horizons compared to the broader Sensex index. Over the past week, the stock surged by 5.64%, significantly outperforming the Sensex’s modest 0.65% gain. This trend extends to the monthly performance, where Manaksia Steels appreciated by 10.52%, dwarfing the Sensex’s 1.43% rise. Even on a longer-term basis, the stock’s three-year return of 78.55% more than doubles the Sensex’s 35.42%, while its five-year gain of 378.36% vastly outstrips the benchmark’s 90.82%. These figures highlight the stock’s strong growth trajectory and resilience, factors that likely contribute to investor confidence and buying interest. <stron...

How has been the historical performance of Manaksia Steels?

2025-12-02 23:01:23

Revenue and Profitability Trends Over the seven-year period ending March 2025, Manaksia Steels’ net sales demonstrated notable volatility. The company recorded peak sales in fiscal 2023 at over ₹740 crores, followed by a decline to approximately ₹634 crores in the latest fiscal year. This dip reflects a contraction of around 7% compared to the previous year, indicating challenges in sustaining top-line growth amid market conditions. Operating profit margins, excluding other income, have mirrored this variability. The margin peaked at 8.7% in fiscal 2022 but declined sharply to 2.33% by March 2025. Correspondingly, the operating profit (PBDIT) excluding other income fell from over ₹53 crores in 2024 to under ₹15 crores in 2025. Despite this, other income contributed pos...

Manaksia Steels Hits Upper Circuit Amid Strong Buying Pressure

2025-11-28 12:00:10

Manaksia Steels Ltd witnessed a robust trading session on 28 Nov 2025, hitting its upper circuit limit with a maximum daily gain of 4.99%, reflecting strong buying interest and a notable reversal after a four-day decline. The stock outperformed its sector and broader market indices, signalling renewed investor enthusiasm in the ferrous metals space.

Manaksia Steels Surges with Unprecedented Buying Interest, Eyes Multi-Day Upper Circuit

2025-11-28 11:45:45

Manaksia Steels Ltd has witnessed extraordinary buying momentum, registering a sharp gain of 4.98% today and trading exclusively with buy orders in the queue. This rare market phenomenon signals robust investor enthusiasm and the potential for a sustained multi-day upper circuit scenario in the ferrous metals sector.

Is Manaksia Steels overvalued or undervalued?

2025-11-18 08:24:06

As of 17 November 2025, the valuation grade for Manaksia Steels has moved from expensive to attractive, indicating a significant shift in its perceived value. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 23.76, an EV to EBITDA ratio of 12.69, and a PEG ratio of 0.49, suggesting strong growth potential relative to its price. In comparison to its peers, Manaksia Steels stands out as more attractively valued than JSW Steel, which has a PE ratio of 46.87, and Jindal Steel, with a PE ratio of 27.76. Additionally, Tata Steel, also rated attractive, has a higher PE ratio of 29.08, further supporting the notion that Manaksia Steels is undervalued in its sector. Notably, the company's stock has outperformed the Sensex over various periods, including a 78.91% return over three years compared to the Sensex's 37.57%, reinforcing its investment appeal....

How has been the historical performance of Manaksia Steels?

2025-11-17 23:11:32

Answer: The historical performance of Manaksia Steels shows a fluctuating trend in key financial metrics over the years. Breakdown: Manaksia Steels' net sales have seen a decline from INR 742.38 crore in March 2023 to INR 634.26 crore in March 2025, with a peak in March 2023. The total operating income followed a similar trend, decreasing from INR 742.38 crore in March 2023 to INR 634.26 crore in March 2025. The raw material costs peaked at INR 617.77 crore in March 2023 but decreased to INR 551.74 crore by March 2025. Operating profit (PBDIT) also declined significantly from INR 61.36 crore in March 2022 to INR 27.32 crore in March 2025. Profit before tax dropped from INR 48.93 crore in March 2022 to INR 12.00 crore in March 2025, while profit after tax decreased from INR 35.32 crore in March 2022 to INR 9.75 crore in March 2025. The company's total liabilities increased from INR 420.11 crore in March 202...

Why is Manaksia Steels falling/rising?

2025-11-17 22:55:42

As of 17-Nov, Manaksia Steels Ltd's stock price is currently at 65.66, reflecting an increase of 2.34, or 3.7%. The stock has been on a positive trajectory, gaining for the last four days and achieving a total return of 11.29% during this period. It opened with a significant gap up of 4.99% today and reached an intraday high of Rs 66.48. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Notably, there has been a substantial increase in investor participation, with delivery volume rising by 308.13% compared to the 5-day average. Unfortunately, the Positive and Negative Factors section is unavailable, which limits further insights into specific catalysts for this movement. Broader Market Context: In the context of broader market performance, Manaksia Steels has outperformed the Sensex, which has only increased by 1.69%...

Manaksia Steels Stock Hits Upper Circuit Limit with Intraday High of Rs 66.71

2025-11-17 11:00:15

Manaksia Steels Ltd, a microcap in the Ferrous Metals industry, reached its upper circuit limit today, reflecting a notable increase. The stock has gained for four consecutive days, outperforming its sector and showing strong trading volume and delivery participation, indicating positive momentum in the market.

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