Promoter Group Entities Buy 61.05 Lakh Shares via Open Market
MSPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.7 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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Four promoter group entities of MSP Steel & Power bought a total of 61.05 lakh equity shares via open market between June 9–11, 2026 on NSE. M.A. Hire Purchase acquired 18.15 lakh shares (holding rose 2.29% to 2.61%), Shree Vinay Finvest bought 20.50 lakh shares (3.47% to 3.84%), Ilex Private Limited purchased 13.40 lakh shares (2.68% to 2.92%), and Ginny Traders acquired 9.00 lakh shares (1.90% to 2.06%). All four are classified as Promoter Group persons.
Insider buying by promoter group signals confidence in the company; generally viewed as a positive sentiment indicator by retail investors.