Mahamaya Steel Industries Hits 52-week High As It Reports 55% Jump in September Sales
By Shishta Dutta | Published at: Oct 6, 2025 05:38 PM IST
Raipur, October 6, 2025: Mahamaya Steel Industries Limited’s share price witnessed high investor demand today, after the company reported a 55% jump in its September sales. At the end of the trading session today, the shares closed at ₹465.10, up by 1.28%, or 5.90 points. The shares made an intraday high of ₹480 and a low of ₹459. The traded volume stood at 58.87 thousand shares, with the company’s market cap at ₹755 crore. The shares have their 52-week range between ₹179.53 – ₹480.00.
Mahamaya Steel Industries is an Indian company that manufactures steel structures for various industries. The company was established in 1988 and is headquartered in Raipur, Chhattisgarh. The shares of the company are listed on NSE with the ticker symbol MAHASTEEL and on BSE with the code 513554.
55% Jump in September Sales
The rise in the share price comes after the company announced that it had reported a 55% jump in its September sales. The sale volume in September rose 55.24% to 17,454.37 metric tonnes (MT) compared to 11,243.36 MT in August 2025.
Strong Operational Recovery
The sales volume in September marks a strong operational recovery for the company, which supplies joists, channels, flats, rounds, and sleeper bars to clients including BSP, BHEL, DMRC, SAIL, NTPC, RIL, ONGC, and GAIL. The high volume will also help the company improve its cash flows and bag new orders from major clients in the future.
REF: https://nsearchives.nseindia.com/corporate/MAHASTEEL_03102025175046_MAHASTEEL513554SALESANN03102025.pdf
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