Multibagger Stock Alert: THIS Iron & Steel Stock Ends In Green Despite D-Street Sell-Off; Up 800% In 5 Yrs

Rathi Steel & Power shares rose on Monday. The stock price jumped over 4% despite market drops. This gain happened even as major indices fell today. The share price reached ₹19.90 during the morning trade. By 1:30 PM, it traded at ₹19.54 on the BSE.

The company recently completed a new trial run. It tested the Hot Charging of Mild Steel Billets. This process happened at the TMT Bar Mill. The trial took place on 6 June 2026. This system helps make high-quality MS TMT Rebars. It targets Fe 550 and Fe 550D grades.

Operational Efficiency Gains

This process works by transferring hot billets directly. It moves them from the casting machine to the mill. This method stops the need for reheating steel. It leads to big savings in fuel consumption. It also lowers scale loss for the firm.

The company spoke about the new production process. "This successful trial run marks a pivotal step," the firm stated. They noted it helps reduce production costs significantly. This will help them meet India's infrastructure needs. The firm aims to cater to the growing demand.

Stock Market Performance

The stock has seen mixed results over recent years. While some long-term returns are high, recent trends are weak. The smallcap stock has dropped significantly in many recent periods. It has struggled on a one-year and two-year basis.