On May 11, Magnus Steel & Infra's shares reached ₹193, reflecting investor confidence after securing a steel supply contract with Tata Motors. The company currently holds orders valued at ₹32.50 crore, which supports its revenue outlook. This development follows a strong financial performance in the fiscal year 2026, positioning Magnus Steel & Infra for potential growth in the steel infrastructure sector. The stock's upward movement occurred despite broader market challenges, highlighting the company's strategic partnerships and operational strengths. On May 11, Magnus Steel & Infra shares reached ₹193, driven by its new role as a steel supplier for Tata Motors.
Magnus Steel & Infra shares surge on Tata Motors supply deal
by Riddra Markets Desk · 11 May 2026

The Tata Motors contract boosts Magnus Steel & Infra's revenue prospects amid market volatility.