Newmalayalam Steel Limited logo

NMSTEEL

NSE
Newmalayalam Steel Limited (SMALL CAP)
Industrials>Capital Goods>Industrial Products>Iron & Steel Products
24.55
1.05 (4.47%)
As on 12 Jun 2026

Price History

Market Cap
₹42 Cr
SMALL CAP
P/E Ratio
5.8
Industry
Iron & Steel Products
52-Week Range
52W Low17.4+41.1%
52W High26.7-8.1%
Current Price
24.55
Circuit Limits (20%)
Lower Circuit19.64
Upper Circuit29.46
Reference Price
24.55

Investment Checklist

Triple Top on 1D (BREAKOUT CONFIRMED) — target ₹26.2
Volume divergence: Bullish (price down, volume up)
EMA(9) Crossover: Price crossed above EMA(9): Fresh bullish momentum signal.
EMA(20) Crossover: Price crossed above EMA(20): Fresh bullish momentum signal.
SuperTrend(10,3): Price above SuperTrend (Industry Standard (Swing/Medium-Term))

Technical Analysis

Technical Analysis

Analysis from 2026-06-12

Confidence
80%

Trend

NEUTRAL
NEUTRAL

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

EMA20
24.41
EMA50
33.17
EMA200
126.73

Price Action

MIXED
NEUTRAL
Higher Highs3
Higher Lows5
Lower Highs5
Lower Lows3

Support & Resistance Levels

Resistance (Above)
25.35
26.55
27.50
27.90
28.55
Support (Below)
24.20
21.08
17.40

Volume Analysis

TrendINCREASING
Change+92.00%
Unusual VolumeNo
Divergence Detected
Bullish (price down, volume up)

Recent Price Gaps

Gap Down
4 days ago • 2.04%(Filled)
BEARISH

Stop Loss Levels

Fixed Risk

1% Risk24.30
3% Risk23.81
5% Risk23.32
7% Risk (Custom)
22.83

Technical Levels

1x ATR (Volatility)22.20
2x ATR (Swing)19.85
3x ATR (Trend)17.50
Immediate Support24.20

Moving Averages

EMA 9 (Short-term)24.39
EMA 20 (Medium-term)24.41

Financials

Financial data not available

Peer Comparison

Iron & Steel Products

Peer Comparison

SymbolNamePriceChange
APLAPOLLOAPL Apollo Tubes Limited₹1,817.60+3.03%
WELCORPWelspun Corp Limited₹1,402.30+0.93%
SHYAMMETLShyam Metalics and Energy Limited₹983.75+1.48%
GPILGodawari Power And Ispat limited₹277.15-0.27%
RATNAMANIRatnamani Metals & Tubes Limited₹2,580.50+1.90%
GALLANTTGallantt Ispat Limited₹654.35+0.26%
JINDALSAWJindal Saw Limited₹238.50+6.72%
USHAMARTUsha Martin Limited₹486.50+1.33%
JAYNECOINDJayaswal Neco Industries Limited₹90.86+4.07%
MAHSEAMLESMaharashtra Seamless Limited₹617.10+3.78%

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