Newmalayalam Steel Share Price Today
Newmalayalam Steel Share Price Today
As of 20 Oct 2026, Newmalayalam Steel share price is ₹22.3. The stock opened at ₹22.3 and had closed at ₹22.3 the previous day. During today’s trading session, Newmalayalam Steel share price moved between ₹22.30 and ₹22.30, with an average price for the day of ₹22.30. Over the last 52 weeks, the stock has recorded a low of ₹17.40 and a high of ₹37.00. In terms of performance, Newmalayalam Steel share price has declined by 10.4% over the past six months and has declined by 0% over the last year.
Newmalayalam Steel Stock Performance
Newmalayalam Steel Share Price Chart
Newmalayalam Steel Share Price Chart
Newmalayalam Steel Company background
Newmalayalam Steel Limited was incorporated on March 31, 2017 as NewMalayalam Steel Private Limited, a Private Limited Company with Registrar of Companies, Central Registration Centre. Further, Company was converted into a Public Limited Company and the name was changed to Newmalayalam Steel Limited and a fresh Certificate of Incorporation dated February 1, 2024 was issued by the Central Processing Centre. Company is engaged in manufacturing galvanised pipes, tubes, and sheets.The Company took over the entire business of M/s. Demac Steel on a going concern basis, through the Business Transfer Agreement in August 2017. In 2018, the Company commenced manufacturing of galvanised pipes, tubes, and sheets by installing another electric resistance welding tube mill of an installed capacity of 3,500 MT in their manufacturing unit at Thrissur, in Kerala. It increased manufacturing capacity by installing another electric resistance welding tube mill of an installed capacity of 4,000 MT in their unit in 2019. In order to market and sell products, the Company established a widespread dealer base in Kerala through which it sell products to local contractors and retailers. It also sell products to Promoter Group entity, Jaihind Steel Private Limited, who trades it to wholesalers, construction agencies, consumers etc. In 2022, the Company installed solar plant of an installed capacity of 489.77 kWp in Poyya Village and Kodungallur Taluk of Poyya Panchayath.Company came up with IPO by issuing 46,40,000 Equity Shares of Rs 10 each and raised a fresh issue of 41.76 crore in December 2024.
Newmalayalam Steel Financial Highlights
As of 20 October 2026, Newmalayalam Steel’s market capitalization reached at ₹38.55 crores. Shareholding as of 20 October 2026 shows promoters holding 73%, DIIs at 6%, and public at 21%.
Newmalayalam Steel Fundamental
Market Cap (in crs)
38.55
Face Value
10
Turnover (in lacs)
0.36
Key Metrics
Newmalayalam Steel Technical Analysis
Delivery & Volume
Delivery Volume %
Day
100.00%
Week
100.00%
Month
%
Resistance & Support
Newmalayalam Steel Peer comparison
CompareIndex Name | Market Price |
|---|---|
9.96 -0.04 (-0.40%)▼ | |
52.98 -0.01 (-0.02%)▼ | |
16.50 -0.25 (-1.49%)▼ | |
150.00 -5.00 (-3.23%)▼ | |
22.00 +0.40 (+1.85%)▲ | |
22.05 -0.85 (-3.71%)▼ |
Newmalayalam Steel Latest News
Newmalayalam Steel Share Price FAQs
Newmalayalam Steel share price in the past 1-year return was -29.2. The Newmalayalam Steel share hit a 1-year low of Rs. 17.4 and a 1-year high of Rs. 37.
The market cap of Newmalayalam Steel is Rs. 38.55 Cr. as of 19/10/2026.
The PE ratios of Newmalayalam Steel is 6.99 as of 19/10/2026.
The PB ratios of Newmalayalam Steel is 0.45 as of 19/10/2026
You can easily buy Newmalayalam Steel shares in Kotak Neo by opening a demat account and getting the KYC documents verified online.
The 52-week high and low of Newmalayalam Steel share price is ₹37 and ₹17.4 as of 19/10/2026.
Please be aware that Newmalayalam Steel stock prices are subject to continuous fluctuations due to various factors.