NEWMALAYALAM STEEL LTD Share Price

NewMalayalam Steel Limited is an India-based company, which specializes in the production of galvanized pipes, tubes, and sheets. The Company offers a range of products under its own Demac Steel brand including Square Pipes, Rectangular Pipes, and Round Pipes. Its steel tubes and pipes are available in various sizes, wall thicknesses, and specifications, ensuring compatibility with diverse projects and applications. The Company serves contractors, builders, and homeowners across Kerala and beyond, providing tailored solutions for construction, plumbing, and industrial applications. The Company sells all its products using its dealer network. It also sells its products to its Promoter Group entity, namely Jaihind Steel Private Limited, who further trades it to wholesalers, construction agencies, consumers and others.As of 25 May 2026, NEWMALAYALAM STEEL LTD share price is ₹23.80. The stock opened at ₹23.00, compared to its previous close of ₹24.00. During today's trading session, NEWMALAYALAM STEEL LTD share price moved in the range of ₹21.05 to ₹23.80, with an average price of ₹22.43 for the day. Looking at its last 52-week, the stock has touched a low of ₹21.05 and a high of ₹23.80. On the performance front, NEWMALAYALAM STEEL LTD share price has declined by 20.00% over the last six months and is down 22.58% on a year-on-year basis.

The market capitalization of NEWMALAYALAM STEEL LTD is ₹41 Crs, with a P/E ratio of 9.2 and a dividend yield of 0.00%.