Stock of this iron & steel company has zoomed 54% in 1 month; hits new high

In the past three months, stock price of Sunflag Iron & Steel has zoomed nearly 80 per cent, as compared to 1 per cent gain in the benchmark index.

Shares of Sunflag Iron & Steel Company hit a new high of Rs 145.50, as they rallied 5 per cent on the BSE in Wednesday's intra-day trade, in an otherwise weak market. In the past two trading days, the stock of iron & steel company has surged 12 per cent. In comparison, the S&P BSE Sensex was down 1.2 per cent at 60,269 at 11:54 AM.

In the past one month, the stock price of Sunflag Iron & Steel has zoomed 54 per cent, as against less than 1 per cent rise in the Sensex. Further, in three months,