Newmalayalam Steel Limited logo

NMSTEEL

NSE
Newmalayalam Steel Limited (SMALL CAP)
Industrials>Capital Goods>Industrial Products>Iron & Steel Products
24.50
0.70 (2.94%)
As on 3 Jul 2026

Price History

Market Cap
₹42 Cr
SMALL CAP
P/E Ratio
6.0
Industry
Iron & Steel Products
52-Week Range
52W Low17.4+40.8%
52W High27.6-11.2%
Current Price
24.50
Circuit Limits (20%)
Lower Circuit19.60
Upper Circuit29.40
Reference Price
24.50

Investment Checklist

Descending Channel on 1W — target ₹23.77
Triple Top on 1D — target ₹21.1
EMA(20) Crossover: Price crossed above EMA(20): Fresh bullish momentum signal.
SuperTrend(10,3): Price above SuperTrend (Industry Standard (Swing/Medium-Term))
SuperTrend(7,3): Price below SuperTrend (Responsive Setting (Day Trading/Short-Term))

Technical Analysis

Technical Analysis

Analysis from 2026-07-10

Confidence
72%

Trend

NEUTRAL
NEUTRAL

Mixed MA signals — sideways/transition | Bearish MA stack (20<50<200)

EMA20
24.02
EMA50
30.33
EMA200
122.11

Price Action

MIXED
NEUTRAL
Higher Highs1
Higher Lows3
Lower Highs5
Lower Lows4

Support & Resistance Levels

Resistance (Above)
24.55
25.35
26.55
27.50
27.90
Support (Below)
24.20
23.05
21.08
17.40

Volume Analysis

TrendDECREASING
Change-25.00%
Unusual VolumeNo

Recent Price Gaps

Gap Up
2 days ago • 1.74%
BULLISH
Gap Down
3 days ago • 1.29%(Filled)
BEARISH
Gap Down
5 days ago • 0.64%(Filled)
BEARISH

Stop Loss Levels

Fixed Risk

1% Risk24.25
3% Risk23.77
5% Risk23.27
7% Risk (Custom)
22.79

Technical Levels

1x ATR (Volatility)22.80
2x ATR (Swing)21.10
3x ATR (Trend)19.40
Immediate Support24.20

Moving Averages

EMA 9 (Short-term)23.85
EMA 20 (Medium-term)24.02

Financials

Financial data not available

Peer Comparison

Iron & Steel Products

Peer Comparison

Symbol
Name
Price
Change
P/E Ratio
Market Cap
APL Apollo Tubes Limited₹1,835.90+2.80%41.2
₹50.97K Cr
Welspun Corp Limited₹1,612.60+0.67%33.1
₹42.54K Cr
Shyam Metalics and Energy Limited₹975.10+2.82%25.0
₹27.22K Cr
Ratnamani Metals & Tubes Limited₹2,693.80+2.27%34.5
₹18.88K Cr
Jindal Saw Limited₹275.80+1.29%19.2
₹17.64K Cr
Godawari Power And Ispat limited₹254.35+1.42%21.2
₹17.07K Cr
Gallantt Ispat Limited₹667.60+0.72%33.0
₹16.11K Cr
Usha Martin Limited₹510.10+1.57%32.4
₹15.54K Cr
Jayaswal Neco Industries Limited₹91.48+3.41%18.6
₹8.88K Cr
Maharashtra Seamless Limited₹598.40+1.24%11.1
₹8.02K Cr
Newmalayalam Steel Limited₹24.50+2.94%6.1
₹42 Cr

Corporate Information

Large Deals

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Bulk, Block and Short deals reported for this stock.

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Announcements

Latest updates

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DateDescriptionLink
05 Jun 2026
Disclosure under SEBI Takeover Regulations
05 Jun 2026
Disclosure under SEBI Takeover Regulations
29 May 2026
Structural Digital Database
28 May 2026
Outcome of Board Meeting
14 Apr 2026
Acquisition

Board Meetings

Upcoming and past meetings

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DatePurposeLinks
27 May 2026
Financial Results
27 May 2026
Board Meeting Intimation
11 Nov 2025
Financial Results/Other business matters
11 Nov 2025
Board Meeting Intimation
29 May 2025
Financial Results

Corporate Events

Upcoming results & meetings

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No upcoming events found

We couldn't find any scheduled corporate actions for this symbol at the moment.

Latest News

No news available at the moment.

Frequently Asked Questions