Manaksia Coated Metals & Industries Limited has informed the Exchange regarding a press release dated January 07, 2026, titled "Manaksia Coated Metals & Industries Ltd. Successfully Commissions Line Post Strategic Aluminium-Zinc Upgrade".

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Price reactionminutes from the announcement price · days from the prior close

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₹130.98

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.1% vs market

Iron & Steel Products peers, median of 92sector-0.2%+0.4% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.4 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Manaksia Coated Metals & Industries has completed a planned technology upgrade of its Continuous Galvanising Line (CGL) at its Kutch, Gujarat facility, converting it from conventional galvanised steel to advanced Aluminium-Zinc coated steel production. The upgrade raised installed capacity from 132,000 MTPA to 180,000 MTPA, a 36% increase. The company expects benefits including improved energy efficiency, better productivity, lower coating costs per tonne, and access to premium-priced Alu-Zinc products with superior corrosion resistance. Management expects these improvements to support medium-term EBITDA growth. For context, in H1 FY26 the company reported consolidated total income of ₹477.62 crore, EBITDA of ₹58.07 crore, and net profit of ₹27.97 crore.

Likely market impact

Positive for shareholders — the capacity expansion and shift to higher-margin Alu-Zinc products could improve revenue and margins over the medium term, though near-term financial impact will depend on demand absorption and execution. The stock may see a positive reaction given the strategic nature of the upgrade.