Despite a sharp decline in the stock market on Thursday, shares of Rathi Steel and Power Limited traded in the green. The upward movement in the stock came after the company shared a significant business update, reporting its revenue figures for the previous quarter. The company has reported revenue of approximately Rs 244.8 crore in the fourth quarter (Q4) of FY26, while total income for the full fiscal year FY26 was approximately Rs 716.7 crore. This represents a strong year-on-year (YoY) growth of approximately 41.8 per cent compared to Rs 505.43 crore in FY25.
According to the company, its revenue for the fourth quarter of FY26 demonstrated operational resilience, considering the challenges posed by the current geopolitical developments impacting fuel costs, global trade and other macro-economic
factors.
Share price today
The stock started the trading session in the green at Rs 14,99, up from the previous close of Rs 14.80 on the BSE. The stock gained further to touch the high of Rs 15.44, a gain of 4.32 per cent or Rs 0.64 against the previous close, standing out in an otherwise weak market. Last seen, the stock held firmly in green at Rs 15.32 and the market cap of the company stood at Rs 132.31 crore.
The stock has a 52-week high of Rs 34.95, touched on April 3, 2025, and a 52-week low of Rs 13.50.
The scrip has been gaining for the last two days and has risen 11.88 per cent in the period. It has outperformed the sector today by 5.33 per cent. Technically, it trades lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages.
Share price history
According to BSE Analytics, the stock has yielded a positive return of 633.33 per cent in five years. However, it has corrected 76.12 per cent in three years. On a year-to-date (YTD) basis, the crips has dipped 43.65 per cent as against the dip of 14.66 per cent in the benchmark index.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
