Volume Spurt Alert: Rathi Steel & Power Ltd, a penny stock below Rs 30, zooms over 5% on November 03

DSIJ Intelligence-1 / 03 Nov 2025/ Categories: Multibaggers, Penny Stocks, Trending

The stock is up by 33.5 per cent from its 52-week low and has given multibagger returns of over 1,200 per cent in 5 years.

Today, shares of Rathi Steel and Power Ltd zoomed 5.6 per cent to Rs 28.90 per share from its previous closing of Rs 27.38 per share. The stock’s 52-week high is Rs 52 per share and its 52-week low is Rs 21.65 per share. The shares of the company saw a Spurt in Volume by more than 1.01 times on the BSE.

Incorporated in 1971, Rathi Steel and Power Limited manufactures and supplies steel and steel-related products. The company specialises in stainless steel products like Wire Rods, flats, etc, which are primarily used in infrastructure, engineering, and household applications. Rathi operates a plant in Ghaziabad, UP, with an installed capacity of 2,00,000 tons per annum or rolling capacity. The Company also operates a steel melting shop with an installed capacity of over 90,000 tons per annum to manufacture stainless steel billets.

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The company has also received BIS certification (license CM/L/8700195219) for its Fe 500 Reinforcement Bars, covering nominal sizes from 8 mm to 25 mm, which allows them to use the BIS Standard Mark on these TMT bars. This approval, valid until May 8, 2026, enables the company to produce a high-demand product line, optimise existing capacity, and meet market needs. This positive development follows the recommencement of operations at their Ghaziabad Steel Melting Shop, which manufactures steel billets.

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According to Quarterly Results, the company reports revenue of Rs 155.29 crore and PAT of Rs 1.89 crore in Q1FY26. In its annual results, the net sales increased by 2 per cent to Rs 503 crore in FY25 compared to FY24. The company reported a net profit of Rs 14 crore in FY25 compared to net profit of Rs 24 crore in FY24.

The company has a market cap of over Rs 240 crore and has delivered good profit growth of 18.7 per cent CAGR over last 5 years. As of September 2025, Canara Bank-Mumbai holds a 1.26 per cent stake in the company. The stock is up by 33.5 per cent from its 52-week low and has given multibagger returns of over 1,200 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.