June, 21 2026 Sunday 15:59 Hrs
Last update 11-9-2025
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  • Top commodity trading and broking companies in India-607.08( -0.78%) 19-Jun-2026
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Sensex 76802.9 -607.08  (-0.78) 19-Jun-2026
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Company News Details

MSP Steel & Power Ltd
Industry :  Steel - Medium / Small
BSE Code
ISIN Demat
Book Value()
532650
INE752G01015
18.1249599
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
MSPL
18.5
2506.37
EPS(TTM)
Face Value()
Div & Yield %
2.39
10
0
 

msp steel & power ltd
MSP Steel & Power hits the roof after inking long-term solar power agreement
Jun 19,2026
Under the agreement, MSP Steel & Power will procure power from a 10 MWp (DC) contracted solar capacity at a tariff of Rs 3.17 per unit for a period of 25 years from the date of execution of the PPA.

As part of the arrangement, the company will acquire a 26% equity stake in Elevate Solar Energy, corresponding to its contracted energy requirement, subject to the terms and conditions of a shareholders' agreement that will be executed at a later date.

Elevate Solar Energy is developing a solar power project in Chhattisgarh's Baloda Bazar district with an installed capacity of 70 MWp (DC) / 50 MW (AC).

MSP Steel & Power is engaged in manufacturing and trading of sale of iron and steel products, generation of power, manufacturing and sale of cement clinker products and trading of industrial gases.

The company reported consolidated net profit of Rs 85.19 crore in Q4 FY26 compared with net loss of Rs 33.82 crore in Q4 FY25. Revenue from operations increased 7.4% YoY to Rs 816.31 crore in Q4 FY26.

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