KCP Sugar & Industries Corporation Ltd, MSP Steel & Power Ltd, Asian Hotels (North) Ltd and Future Supply Chain Solutions Ltd are among the other losers in the BSE’s ‘B’ group today, 05 January 2022.

ARSS Infrastructure Projects Ltd leads losers in ‘B’ group

Essar Shipping Ltd, Oriental Trimex Ltd, Swelect Energy Systems Ltd and Bal Pharma Ltd are among the other losers in the BSE’s ‘B’ group today, 04 January 2022.

MSP Steel & Power Ltd leads losers in ‘B’ group

MSP Steel & Power Ltd, Essar Shipping Ltd, BGR Energy Systems Ltd and Refex Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 31 December 2021.

CMI Ltd leads gainers in ‘B’ group

Loyal Equipments Ltd, Vikas Proppant & Granite Ltd, MSP Steel & Power Ltd and Cybertech Systems & Software Ltd are among the other gainers in the BSE’s ‘B’ group today, 30 December 2021.

Apollo Micro Systems Ltd leads gainers in ‘B’ group

HB Stockholdings Ltd, Supriya Lifescience Ltd, Shiva Mills Ltd and MSP Steel & Power Ltd are among the other gainers in the BSE’s ‘B’ group today, 29 December 2021.

Nureca Ltd leads gainers in ‘B’ group

The company’s revenue increased to Rs571.74cr in Q2FY22 from Rs445.74cr in Q2FY21.

MSP Steel & Power reports 43% yoy growth in profit to Rs9.36cr

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: MSP Steel & Power, Capri Global, Graphite India, Phoenix Mills, Escorts

The credit rating agency revises long-term rating to BBB- from BB+ and changes outlook to Stable from Negative.

Ind-Ra upgrades long-term issuer rating of MSP Steel & Power; Stock down ~3%

MSP Steel & Power reports consolidated net profit of Rs 11.40 crore in the March 2021 quarter

MSP Steel & Power reports consolidated net profit of Rs 10.92 crore in the December 2020 quarter

BRIEF-MSP Steel & Power Ltd Posts Dec-Quarter Consol Net Profit

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

MSP Steel & Power Limited is engaged in the manufacturing of iron and steel products. The Company is also engaged in the generation and sale of power.