New Delhi, Oct. 30 -- Small-cap multibagger stock Rathi Steel & Power jumped over 18% on Thursday's session despite weak sentiment in the stock market today. Rathi Steel & Power share price closed 15.11% higher at Rs.28.19 apiece on the BSE.

Recently, Rathi Steel & Power saw changes in its board and a brief shutdown of the Ghaziabad steel-melting shop, after a regulatory issue.

The company recently announced that its Steel Melting Shop located in Ghaziabad is temporarily closed starting from October 28, 2025, due to an order received from the Air Quality Management authority concerning the National Capital Region and surrounding areas.

Additionally, the company asserts that the details of this order are factually incorrect and that it ...