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India Steel Works Ltd surged to a new 52-week high of ₹10.82 on August 5, 2025, reflecting strong investor interest and sustained upward momentum in its stock performance.
The small-cap steel manufacturer has delivered impressive returns, rising nearly 86% over the past month and over 187% in the last year. It also gained approximately 27% in just one week and over 109% in six months, significantly outperforming broader market indices.
On the day of the rally, the stock climbed 4.94% from its previous close of ₹10.31, backed by high trading volumes exceeding 42 lakh shares. India Steel Works is currently trading well above its key moving averages (5-day, 20-day, and 50-day), indicating continued bullish sentiment.
Since its 52-week low of ₹3.17, the stock has surged more than 240%, marking a strong turnaround in market perception.
However, despite this sharp rise, the company remains in the red. Its trailing twelve-month earnings per share (EPS) is –₹0.26, with a negative price-to-earnings (P/E) ratio of –39, signaling that the rally is driven more by speculative interest and market momentum than by financial performance.
Investors are advised to watch closely for any fundamental improvements as the company continues its efforts to turn around operations.
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