Modern Steels Share Price

    BSE
    18.5
    -0.17 (0.00%)
    MDRNSTL • 03 Jul, 2025 | 03:29 PM
    BUY

    1Y Annualised Return

    -5.48%

    3Y Annualised Return

    0.49%

    5Y Annualised Return

    19.46%

    The current prices are delayed, login or Open Demat Account for live prices.

    Modern Steels Stock Performance

    1W Return15.44
    1Y Return-6.91
    Today's Low18.15
    Prev. Close18.67
    Mkt Cap (Cr.)25.42
    1M Return13.38
    3Y Return4.35
    52-Week High36.2
    Open18.98
    PE Ratio5.72
    6M Return-3.10
    Today's High19.94
    52-Week Low13.21
    Face Value10

    Modern Steels Company background

    Founded in: 1973
    Managing director: Krishan Kumar Goyal
    Incorporated in Nov. 73, Modern Steels Limited was formed with an object to manufacture carbon and alloy steel. It also has a rolling mill to convert billets into rolled products. While the melting capacity is 1 lac tpa, the rolling mill has a capacity of 50,000 tpa. The company was promoted by Amarjit Goyal, the Chairman and Krishan Kumar Goyal. The Company has a plant at Gobindgarh, in Punjab.In 199192, the company copromoted Modern Dairies to set up a dairy project at Karnal, Haryana, to process 3.2 lac ltr pd of milk at an estimated cost of Rs 13.56 cr. Commercial production of the new company commenced in 1993. It invested around Rs 100 lac in the equity capital of the new company.In 1995, Modern Steels increased the capacity of its rolled products from 30,000 tpa to 50,000 tpa.The Electro Magnetic Stirrers (EMS) was installed in year 2005. In 2006, the Company installed a Vacuum Degassing Plant of Denelli make in its melting shop. In addition, for the production of stainless steel a converter was installed and commissioned during the year. Post rolling facilities of peeling and grinding of bars commissioned during the year.In 2008, the Company installed commissioned 600 mm Rolling Mill to produce higher size Rolled Products. It commissioned its energy efficient Oxygen Plants. The Second Electric Arc Furnace (EAF) was commissioned on July 30, 2009. In 2012, it strengthened and modernized its production facilities in SMS and Rolling Mill.In 2014, the Company installed Gasifier Unit for production of gas for reheating furnaces in rolling mills and added heat treatment facility for alloy steel bars. It added bigger ingot casting facilities in the steel melting shop to diversify process route. Forge shop consisting of forging presses, hammer, heat treatment facilities along with finishing and inspection facilities were added. It also installed machining assembly lines for the manufacturing of auto steel components. In 2015, the Company commissioned and stabilized Auto Component Division along with Heat Treatment section. Further, it developed new grades in the tool and die segment. In year 2022, through the Business Transfer Agreement (BTA) executed between M/s Arjas Steel Pvt. Ltd./ M/s Arjas Modern Steel Pvt. Ltd. (Purchaser), Modern Steels Ltd. (Seller), Promoters (Mr. Krishan Kumar Goyal and Mr. Aditya Goyal). the Company was given operations of the plant to M/s Arjas Steel Pvt. Ltd. where they took control of the plant and operated till 05.01.2022. In terms of BTA, the Properties of the Unit in Mandi Gobindgarh, were transferred to Arjas Modern Steel Pvt. (Buyer) on Jan 05, 2022. Again, the Plant Machinery of the unit and other current assets and liabilities were also transferred to buyer under slump sale transaction, which concluded from the above said Date.

    As of 03 Jul, 2025, Modern Steels share price is ₹18.5. The stock opened at ₹19 and had closed at ₹18.7 the previous day. During today’s trading session, Modern Steels share price moved between ₹18.15 and ₹19.94, with an average price for the day of ₹19.05. Over the last 52 weeks, the stock has recorded a low of ₹13.21 and a high of ₹36.20. In terms of performance, Modern Steels share price has declined by 3.6% over the past six months and has declined by 5.48% over the last year.

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    Modern Steels SIP Return Calculator

    Over the past

    1 year
    3 years
    5 years

    Total Investment of ₹65,00,000

    Would have become ₹63,24,424 (-2.70%)

    Daily SIP of 25,000 would have become 63,24,424 in 1 year with a gain of -1,75,575 (-2.70%)

    View details of Market Depth

    Modern Steels Fundamental

    Market Cap (in crs)

    25.42

    Face Value

    10

    Turnover (in lacs)

    0.63

    Key Metrics

    Qtr Change %
    48.98% Fall from 52W High
    16.2
    Dividend yield 1yr %
    0

    Top Mutual Fund Invested in Modern Steels

    Promoter
    65.5%
    Public
    34.4%
    Promoter
    65.5%
    Public
    34.4%
    Promoter
    65.5%
    Public
    34.4%
    Promoter
    65.5%
    Public
    34.4%
    Promoter
    65.5%
    Public
    34.4%
    Promoter
    65.5%
    Public
    34.4%

    Modern Steels Technical Analysis

    Moving Averages Analysis
    18.5
    Current Price
    Bullish Moving Averages
    16
    Bearish Moving Averages
    0
    5Day EMA
    18.20
    10Day EMA
    17.70
    12Day EMA
    17.60
    20Day EMA
    17.30
    26Day EMA
    17.10
    50Day EMA
    16.80
    100Day EMA
    16.80
    200Day EMA
    17.60
    5Day SMA
    18.10
    10Day SMA
    17.30
    20Day SMA
    17.20
    30Day SMA
    16.80
    50Day SMA
    16.50
    100Day SMA
    16.10
    150Day SMA
    16.90
    200Day SMA
    18.20
    Delivery & Volume

    Delivery & Volume

    PeriodCombined Delivery VolumeNSE+BSE Traded Volume
    Day Rs
    2671 Rs
    3398 Rs
    Week Rs
    12434 Rs
    15574 Rs
    Month Rs
    4625 Rs
    5679 Rs
    18.85
    Pivot
    Resistance
    First Resistance
    19.56
    Second Resistance
    20.64
    Third Resistance
    21.35
    Support
    First Support
    17.77
    Second support
    17.06
    Third Support
    15.98
    Relative Strength Index
    62.29
    Money Flow Index
    73.32
    MACD
    0.47
    MACD Signal
    0.29
    Average True Range
    1.41
    Average Directional Index
    33.78
    Rate of Change (21)
    15.37
    Rate of Change (125)
    -2.69

    Modern Steels Latest News

    28 JUN 2025 | Saturday

    Modern Steels Ltd-$ - 513303 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

    27 JUN 2025 | Friday

    Modern Steels Ltd-$ - 513303 - Closure of Trading Window

    27 JUN 2025 | Friday

    Modern Steels Ltd-$ - 513303 - Shareholder Meeting / Postal Ballot-Outcome of AGM

    View More

    Modern Steels Share Price FAQs

    The Mutual Fund Shareholding in Modern Steels was 0.04% at the end of 3/7/2025.

    You can easily buy Modern Steels shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

    The 52-week high and low of Modern Steels share price is ₹36.2 and ₹13.21 as of 3/7/2025.

    Please be aware that Modern Steels stock prices are subject to continuous fluctuations due to various factors.

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