Newmalayalam Steel Limited
Share Price Target & Analysis

NSE:NMSTEEL

22.25

VWAP

22.25

Open

19.2

Close

22.25

High

22.25

Low

37

52 Week High

22.25 ⇧
3.05 (15.89%)

NMSTEEL

(METALS)
24.7% Momentum

Turnaround Potential

17.4

52 Week Low

5.25

EPS

5.44

PE

0.45

PB

Superior
Quality

Iron
Valuation

#Analysis

NSE: NMSTEEL Share Price Financial Analysis & Valuation

Newmalayalam Steel Limited (NMSTEEL) is broadly categorized in METALS segment industry which deals in Iron & Steel vertical. It is one of Penny Stocks company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). Newmalayalam Steel Limited is listed on NSE with Exchange ID - INE0TP801012 and trading code is NSE:NMSTEEL with short name Newmalayalam.

In the past 1 year, Newmalayalam Steel Limited has declared an equity dividend of Rs 0 per share. At the current share price of NMSTEEL at Rs 22.25, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:NMSTEEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NMSTEEL underlying value and future prospects. All of this data is available in NMSTEEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:NMSTEEL, it is clearly understood that NMSTEEL is Superior performer in terms of earnings and profit margins with an EPS of 5.25. NSE:NMSTEEL book value per share as of today is 49.41. The current price to book ratio for NMSTEEL as of Oct 27, 2026 is 0.45.

Valuation of the Stock: The current valuation of NMSTEEL stock is like Iron which means currently the stock is Inexpensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NMSTEEL whether to BUY this stock at current valuation. The delivery percentage of NMSTEEL is 1600% is very crucial parameter which shows that 1600% investors are anticipating that the price of NMSTEEL share should go up with VWAP at 22.25.

Now, the main question is whether to BUY or SELL, NSE:NMSTEEL at current valuation.
As per latest Analysis No. #767:-

⇑ STRONG BUY NMSTEEL if All Greens

⇗ BUY NMSTEEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD NMSTEEL (With Stop Loss) if only 1 Green

⇘ SELL NMSTEEL if NO Green Indicator

NSE: NMSTEEL Share Price Today (Oct 27, 2026)

(Newmalayalam Steel Limited Daily Analysis on the basis of NMSTEEL Intraday Graph & Trend)

Newmalayalam Steel Limited share price moved Up by 15.89% from its previous close of Rs 19.2. NMSTEEL stock last traded price is 22.25. NMSTEEL share price trend is Up with a total of 1600 stocks traded till now. It has touched an intraday high of Rs 22.25 and an intraday low of Rs 22.25. The NMSTEEL trading at 22.25, Up by Rs. 3.05, or 15.89 percent which suggests that most of the Traders are anticipating that the price of NMSTEEL share should go Up.

NSE: NMSTEEL Share Price Tomorrow Prediction

(Newmalayalam Steel Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NMSTEEL)

Newmalayalam Steel Limited share price moved Up by 15.89%. NMSTEEL share price short term trend is Up. It suggests that NMSTEEL Share Price for Tomorrow remains the same with VWAP at 22.25 will be treated as stop loss for intraday traders. Newmalayalam Steel Limited Long term investors can follow the NMSTEEL long term trend as mentiond in future forecast table.

NSE Code

NSE: NMSTEEL

NMSTEEL Share Price Today

 22.25

NMSTEEL Share Price Target Prediction for 2026 ^

 18.2 - 32.2

NMSTEEL Share Price Target Prediction for 2027*^

 32.2 - 47

NMSTEEL Share Price Target Prediction for 2028*^

 47 - 51.1

NMSTEEL Share Price Target Prediction for 2029*^

 54

NMSTEEL Share Price Target Prediction for 2030*^

 56

NMSTEEL Share Price Target Prediction for 2035*^

 62
NMSTEEL Current Book Value
49.2

*Newmalayalam Steel Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NMSTEEL share price target prediction for 2026 2027 2028 2029 2030 to 2035 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

NMSTEEL Technical Analysis (In Process... .. .)


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Most popular Questions & Answers about NMSTEEL

Newmalayalam Steel Limited Frequently Asked Questions (FAQs)

Newmalayalam Steel Limited stock last traded price is 22.25. NMSTEEL share price moved Up by 15.89% from its previous close of Rs 19.2.

Newmalayalam Steel Limited share price trend is Up with a total of 1600 stocks traded till now. It has touched an intraday high of Rs 43.6225 and an intraday low of Rs 22.25. The NMSTEEL trading at 22.25, Up by Rs. 3.05, or 15.89 percent which suggests that most of the Traders are anticipating that the price of NMSTEEL share should go Up and the Stop Loss will be around 22.25.

The market cap of Newmalayalam Steel Limited is ₹0 (in Cr) as of Oct 26, 2026.

The current price to earning ratio for Newmalayalam Steel Limited as of Oct 26, 2026 is 5.44.

The current price to book ratio for Newmalayalam Steel Limited as of Oct 26, 2026 is 0.45.

The highest price of Newmalayalam Steel Limited stock is ₹37 in the last 52-week.

The lowest price of Newmalayalam Steel Limited stock is ₹17.4 in the last 52-week.

Newmalayalam Steel Limited share trading at ₹22.25, Up by Rs. 3.05, or 15.89 percent which suggests that most of the traders are anticipating that the price of NMSTEEL share should go Up.

In 2026, Stock price target for Newmalayalam Steel Limited (NMSTEEL) will be around ₹18.2 on downside and ₹32.2 on upside. Newmalayalam Steel Limited share price target is based on current financial year earings of the company.

In 2027, Stock price target for Newmalayalam Steel Limited (NMSTEEL) will be around ₹32.2 on downside and ₹47 on upside. Newmalayalam Steel Limited share price target is based on forecasted future earnings of the company.

In 2028, Stock price target for Newmalayalam Steel Limited (NMSTEEL) will be around ₹47 on downside and ₹51.1 on upside. Newmalayalam Steel Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Newmalayalam Steel Limited (NMSTEEL) will be around ₹56 Newmalayalam Steel Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NMSTEEL.

The price of Newmalayalam Steel Limited (NMSTEEL) shares moved by 15.89%. The short-term trend for NMSTEEL share price is Up. It implies that the share price of NMSTEEL will stay the same tomorrow and that intraday traders should treat VWAP at 22.25 as a stop loss. Investors with a long-term outlook can track NMSTEEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of NMSTEEL stock is 62.9. Compared to the current market price of 22.25 INR, the NMSTEEL stock is Undervalued by 64.6%.

As per the fundamental analysis of Newmalayalam Steel Limited (NMSTEEL), it is of Superior quality in terms of earnings and profit margins with an EPS of 5.25. Newmalayalam Steel Limited book value per share as of today is 49.41. The current price to book ratio for NMSTEEL as of Oct 27, 2026 is 0.45.


NSE:NMSTEEL News & Other Useful Information about NMSTEEL Share Price


Peer Comparison of NSE: NMSTEEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Iron & Steel

Company Price EPS BV
TATASTEEL 169.94 18.53 112.2
JINDALSTEL 1039.90 53.66 531.48
SHYAMMETL 1126.20 28.48 235.6
TINPLATE 430.50 0 120.66
MIDHANI 362.00 10.53 82.58
JTLINFRA 89.87 2.58 33.83
VENUSPIPES 1709.00 60.96 335.43
GALLANTT 538.35 25.47 142.57
HARIOMPIPE 308.25 45.55 214.42
VISASTEEL 39.07 71.08 -14.6
SUPREMEENG 2.98 0 -3.58
GFSTEELS 37.55 0.06 -1.1
KRITIKA 4.48 0.38 3.85
MWL 36.58 19.98 9.81
CMNL 110.05 4.2 39.46
RATNAVEER 332.60 15.5 121.62
DEEM 46.10 5.66 105.15
QFIL 49.50 15.07 110.8
MAL 32.00 9.05 63.94
KRISHCA 169.75 12.28 67.09
VSTL 94.75 13.48 104.91
INTERARCH 1475.70 89.04 540.76
BANSALWIRE 57.85 11.14 16.99
DEEDEV 541.00 13.64 120.09
NMSTEEL 22.25 5.25 49.41
KATARIA 132.65 8.09 47.94
RAJINDLTD 50.85 6.93 36.07
AUSL 21.90 2.45 41.61
PSRAJ 95.05 13.42 19.5
SAMBHV 157.80 6.81 37.74
Updated at: 2026-10-26 15:31:48

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