Maithan Alloys experienced a 2.96% increase, reaching Rs.942.35, but this was less than the Sensex's 5.34% growth. MarketMojo has downgraded its recommendation for Maithan to 'Sell', citing improved valuations and mixed results as the reason for the change.

Maithan Alloys Ltd has experienced a drop in its long-term rating to AA Stable by CRISIL, signifying weak business performance. Despite maintaining a strong financial position, the short-term rating remains A1. However, profitability is affected due to high power costs.