$MSTCLTD MSTC Ltd following recent corporate actions and strong FY26 results
MSTC Ltd following recent corporate actions and strong FY26 results. The company announced a final dividend of ₹8.10 per share and plans to expand its business scope into travel and tourism services via web platforms. MSTC continues to conduct major e-auctions for mineral blocks in Odisha and Bihar. 📊 MSTC Ltd – Market & Financial Snapshot Metric Latest Value Change Period Share Price (NSE) ₹446.45 -1.07% June 3, 2026 Market Cap ~₹3,150 crore — FY26 Revenue (Q4 FY26) ₹150.37 crore +40.9% QoQ Mar 2026 Net Profit (Q4 FY26) ₹77.22 crore +50.3% QoQ Mar 2026 EPS (Q4 FY26) ₹10.97 +50.3% QoQ Mar 2026 Dividend Declared ₹8.10/share (81%) Final FY25–26 May 29, 2026 📰 Latest Corporate Announcements Board Meeting (May 29, 2026): Approved audited financial results for FY25–26 and recommended final dividend of ₹8.10 per share. New Business Expansion: Preliminary consent granted to add travel agency and tourism services to its Memorandum of Association (MoA). Investor Presentation (May 30, 2026): Highlighted strong growth in e-commerce and trading verticals. Compliance Updates: Annual Secretarial Compliance Report filed for FY26; fine imposed by BSE for minor delay in quarterly submission. Upcoming AGM: Scheduled for September 24, 2026, via video conferencing. 🏗️ Operational Highlights E-Auctions in Odisha (June–July 2026): MSTC conducting auctions for sand, morrum, and stone blocks across 13 districts. Bihar Mining Leases: Active e-auctions for limestone and magnetite blocks on behalf of the Department of Mines & Geology. Digital Expansion: Strengthening its MSTC e-commerce platform for government and private clients under the Ministry of Steel. 📈 Investor Outlook Short-Term View: Mild correction amid broader PSU volatility; dividend yield supports downside protection. Medium-Term View: Strong fundamentals, expanding digital auction footprint, and diversification into travel-tech could drive re-rating. Key Levels: Support near ₹430; resistance around ₹465.
