From Correction to Comeback: NMDC Steel Roars Back to New 2025 Highs!
NSLNISP
Steel has once again grabbed investor attention by surging to its calendar year 2025 high. The stock has delivered strong gains of 22.45% so far this month showing a strong comeback in September 2025, climbing from ₹37.82 to ₹46.31 and closed with the gain for the sixth consecutive sessions on 12 Sept 2025. Interestingly, a similar sharp up-move was seen on 13–14 August 2025, when robust Q1 FY26 earnings fueled strong buying interest, the stock had surged as much as 25% following robust Q1 FY26 earnings. However, that rally soon lost steam, with the stock correcting nearly 16% from its peak. Now, the fresh uptrend has not only revived momentum but also taken prices past the recent highs, marking the highest level of 2025. Investors will be keenly watching if this breakout sustains and extends the bullish momentum further.
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