MANAKSTEEL - 7 years Breakout & Retest#MANAKSTEEL
- 7 years Breakout & Retest
- Keep monitoring the stock
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Manaksia Steels Ltd is currently trading at ₹67.09, down by 2.29% today1. Here are some key details:
Day’s Range: ₹65.22 - ₹67.09
52-Week Range: ₹39.55 - ₹107.00
Market Cap: ₹4.09 billion
P/E
2.23 INR
97.50 M INR
6.34 B INR
20.01 M
About Manaksia Steels Ltd
Sector
Industry
CEO
Vineet P. Agrawal
Website
Headquarters
Kolkata
Founded
2001
ISIN
INE824Q01011
FIGI
BBG008DRQR82
Manaksia Steels Ltd. engages in the business of manufacturing value-added secondary steel products like cold rolled, galvanized corrugated, galvanized plain, and color coated sheets. It operates under the India and Overseas geographical segments. The company was founded on June 7, 2001 and is headquartered in Kolkata, India.
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Ready to touch the moon (Positional Pick)Metal sector bein in an uptrend, this stock with a massive upside potential has given a breakout of a beautiful Cup & Handle pattern on Monthly timeframe. Wait for the candle to close and then start accumulating. It has also witnessed highest volumes ever since IPO
Stock name: Manaksia Steels Ltd
MANAKSTEEL - Weekly Chart Analysis, CMP-81.95A probable classic VCP structure. Successful closure over the resistance/supply zone 49-54 on good volumes.
49-54 shall act as main support zone, but 64 will also act as a minor support from hereon.
Weekly close and follow through below it shall invalidate our view.
On the upper side, 87 - 103
MANAKSKIA STEELS LTD - Triangle Pattern & Previous ATH BreakoutMANAKSTEEL
1) Time Frame - Weekly.
2) Previous Life Time High was 64. It has been consolidating in a triangle pattern since 2022 & given a breakout in weekly time frame currently.
3) It's a Triangle pattern & All Time High breakout with strong bullish candle & Good volume.
4) Stock will find its n
MANAKSTEEL BreakoutManaksteel has give a multiyear breakout and is expected to rise at least 20%. It was taking support of a trend link from recent weeks and also it had a resistance at Rs 52 which it had break with a huge volume and now can be expected to give a good rally in the market . Lets see what happens next
#MANAKSteel - Kya lohe me Dum hai??? Fundamentals
Very Less Free flot
Attractive Valuations backed by
Increasing Sales & PAT
Available at 50% Discount
Technicals
Cup and Handle formation in Monthly Chart, More Upside above Neckline BREAKOUT
Disclaimer - shared for education purpose only, I am not Sebi Registered Analyst, infac
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MANAKSTEEL is 63.54 INR — it has increased by 4.99% in the past 24 hours. Watch Manaksia Steels Ltd stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Manaksia Steels Ltd stocks are traded under the ticker MANAKSTEEL.
MANAKSTEEL stock has risen by 6.24% compared to the previous week, the month change is a 8.04% rise, over the last year Manaksia Steels Ltd has showed a 7.08% increase.
MANAKSTEEL reached its all-time high on Jan 30, 2024 with the price of 107.00 INR, and its all-time low was 5.10 INR and was reached on Mar 29, 2016. View more price dynamics on MANAKSTEEL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MANAKSTEEL stock is 7.29% volatile and has beta coefficient of 1.02. Track Manaksia Steels Ltd stock price on the chart and check out the list of the most volatile stocks — is Manaksia Steels Ltd there?
Today Manaksia Steels Ltd has the market capitalization of 3.95 B, it has increased by 0.22% over the last week.
Yes, you can track Manaksia Steels Ltd financials in yearly and quarterly reports right on TradingView.
MANAKSTEEL net income for the last quarter is 64.86 M INR, while the quarter before that showed 47.07 M INR of net income which accounts for 37.78% change. Track more Manaksia Steels Ltd financial stats to get the full picture.
No, MANAKSTEEL doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 15, 2025, the company has 227 employees. See our rating of the largest employees — is Manaksia Steels Ltd on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Manaksia Steels Ltd EBITDA is 224.23 M INR, and current EBITDA margin is 2.95%. See more stats in Manaksia Steels Ltd financial statements.
Like other stocks, MANAKSTEEL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Manaksia Steels Ltd stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Manaksia Steels Ltd technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Manaksia Steels Ltd stock shows the buy signal. See more of Manaksia Steels Ltd technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









