New Delhi, July 24 -- Manaksia Coated Metals share price jumped over 8% to hit a 52-week high on Thursday after the company reported strong Q1 results. The small-cap stock rallied as much as 8.32% to a fresh high of Rs.169.25 apiece on the BSE.
The coated steel manufacturer and exporter, Manaksia Coated Metals & Industries, reported a consolidated net profit of Rs.14.01 crore in the first quarter of FY26, recording a sharp jump of 369.70% from Rs.2.98 crore in the corresponding quarter of previous fiscal year.
The company's consolidated revenue in Q1FY26 grew 29.97% to Rs.253.94 crore from Rs.195.38 crore, year-on-year (YoY). Total sales volume increased by 18.69% YoY reaching 29,248 MT. Export revenue was at Rs.141.83 crore, contributi...
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