Manaksia Steel stock up 5% on 301% YoY net profit surge
Manaksia Steels hit a 5% upper circuit at ₹65.06 after announcing robust Q1 FY26 results. The company reported a 301% YoY jump in net profit to ₹6.49 crore and a 32% rise in revenue to ₹217.49 crore. The penny steel stock manufactures and exports value-added steel products used in the housing and infrastructure sectors.