{"id":264125,"date":"2026-09-23T12:13:06","date_gmt":"2026-09-23T06:43:06","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=264125"},"modified":"2026-09-23T12:13:06","modified_gmt":"2026-09-23T06:43:06","slug":"e-auction-stock-rises-92-percent-in-6-months","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/e-auction-stock-rises-92-percent-in-6-months\/","title":{"rendered":"This E-Auction Stock Rises 92% in 6 Months: What Is Really Driving It?"},"content":{"rendered":"

MSTC CMP around Rs 750.60 (23 Sep 2026), up 92% in 6 months. 52W range Rs 362.15 to Rs 805. Market cap Rs 5,254 Cr. PE 22.43. ROE 24.16%.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

MSTC Ltd is the e-auction stock that has risen approximately 92% in six months, from Rs 391.45 on 23 March 2026 to about Rs 750.60 on 23 September 2026. The trigger was the Rs 9,585 crore Delhi-NCR vehicle scrappage scheme cleared on 4 June 2026, followed by the Delhi EV Policy 2026 and a June quarter in which profit rose about 31%. Roughly half the move was a recovery from a 52-week low of Rs 362.15, and the 1-year return is a more modest 45%.<\/p>\n<\/div>\n

This e-auction stock has risen approximately 92% in 6 months, from Rs 391.45 on 23 March 2026 to around Rs 750.60 on 23 September 2026. That turns Rs 1 lakh into roughly Rs 1.92 lakh in half a year.<\/p>\n

The company is MSTC Ltd<\/a><\/strong> (NSE: MSTCLTD), a Miniratna Category-I public sector undertaking under the Ministry of Steel that runs one of India’s largest electronic auction platforms. The MSTC share price had fallen through most of the previous twelve months, bottoming at Rs 362.15 on 30 March 2026. Part of this move is recovery from a depressed base, and part is a real re-rating on vehicle scrappage policy.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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