MSCS (Madaakto Steel Cord) Raises Selling Price of Its Main Product Under Board Approval
Sahmino Newsroom | 2 November 2026 | 11 days ago
MSCS (Madaakto Steel Cord) said in a Group A disclosure published Monday, November 2, 2026, that its board approved an increase in the selling price of its main steel-cord product from 2,240,000 rials to 2,850,000 rials, effective that day. The Codal form puts the product's share of total revenue in the previous fiscal year at 22%. This is a change in the product's selling rate, not a reported increase in realized company profit.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, MSCS fell 5.3 percent, to 28,280 rial.
Over the same days, Tehran Stock Exchange Index rose 10 percent, to 8,427,304.
Over the same days, US Dollar fell 1.7 percent, to 2,669,000 rial.
- MSCS
- −5.3%
- Tehran Stock Exchange Index
- +10.2%
- US Dollar
- −1.7%
Prices to the close of 12 November
From Sahmino that week
Farabi Pharma's Six-Month Profit Passed Its Whole Prior Year, but Operating Cash Is 37.6% of Profit; Entry Holds Up to 21,273 Rial (Monday 2 November 2026)
Article | 2 NovemberBoard change at RKSH
Calendar | 2 NovemberMajor holder exits SLVA: PRX Portfolio - Company 10999--Company 68751-
Calendar | 2 NovemberSHHZ's six-month operating cash covered 2.6% of profit versus 89.5% on a restated trailing year; Sahmino's invalidation is 3,080 rials (November 1, 2026)
Article | 1 November
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