Newmalayalam Steel Ltd

NSE: NMSTEEL · Metals & Mining · 15 announcements

Share price: ₹23.30
Market cap: ₹40.28 Cr
Revenue (annual): ₹319.9 Cr
Net profit (annual): ₹7.01 Cr
P/E (TTM): 5.8×Sector 18.2×
Promoter holding: 73.02%
FII holding: 0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

Announcement type

All Management Change 4 Other Announcement 3 Financial Results 2 Production Started 1 Merger & Restructuring 1 Fund Raise 1 Board Meeting Outcome 1 Board Meeting Date 1 Acquisition 1

Time

All time Last 1 week Last 1 month Last 2 months Last 3 months Last 6 months Last 1 year

1 announcement with these filters

13 Apr 2026 20:44 IST NSE

Acquisition

Newmalayalam Steel Acquisition Worth ₹1.5 Cr

Newmalayalam Steel Limited acquired a stake in Prime NMS Private Limited for ₹1.50 Crore through a rights issue. Prime NMS is a newly incorporated company focused on steel manufacturing and metal processing. This strategic investment expands Newmalayalam Steel's footprint in the engineering and manufacturing sector.

Value: ₹1.50 Cr
Execution: Allotment made on 2026-04-13

Read the filing ↗