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MSP Steel & Power Promoters Raise Stake Through Open Market Share Purchases

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MSP Steel & Power Promoters Raise Stake Through Open Market Share Purchases

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MSP Steel & Power Limited ( (IN:MSPL) ) has provided an announcement.

Promoter group entities of MSP Steel & Power Limited have increased their stake in the company through open market purchases of equity shares in late December 2025. Shree Vinay Finvest Private Limited acquired 581,400 shares on 24 and 26 December 2025, while Jagran Vyapaar Pvt Ltd bought 735,000 shares on 29 and 30 December 2025, indicating continued promoter confidence in the company and potentially strengthening their control and alignment with minority shareholders’ interests.

More about MSP Steel & Power Limited

MSP Steel & Power Limited operates in India’s steel and power sector, focusing on the production of steel and related products, supported by captive power generation to serve industrial and infrastructure demand in the domestic market.

Average Trading Volume: 64,507

Technical Sentiment Signal: Strong Buy

Current Market Cap: 20.73B INR

Learn more about MSPL stock on TipRanks’ Stock Analysis page.

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