Maharashtra Seamless Share PriceMaharashtra Seamless

₹578.2
-1.35 (-0.23%)
As on 25 September, 2023 | 22:50 BSE: 500265 NSE: MAHSEAMLESISIN: INE271B01025

Maharashtra Seamless Performance

Day Range

  • Low 575.1
  • High 592
578.2

52 Week Range

  • Low 279.5
  • High 598.95
578.2
  • Open Price578
  • Previous Close579.55
  • Volume207262

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Maharashtra Seamless Share Price

  • Over 1 Month 10.6%
  • Over 3 Month 21.36%
  • Over 6 Month 62.53%
  • Over 1 Year 43.84%

Maharashtra Seamless Key Statistics

P/E Ratio 8.4
PEG Ratio 0.1
Market Cap Cr 7,748
Price to Book Ratio 1.6
EPS 59.2
Dividend 0.9
Relative Strength Index 61.22
Money Flow Index 68.33
MACD Signal 19.3
Average True Range 21.44

Maharashtra Seamless Investment Rating

  • Master Rating:
  • Maharashtra Seamless has an operating revenue of Rs. 5,608.56 Cr. on a trailing 12-month basis. An annual revenue growth of 35% is outstanding, Pre-tax margin of 17% is great, ROE of 15% is good. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 39% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 64 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Maharashtra Seamless Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,2231,6231,1151,1481,0581,192
Operating Expenses Qtr Cr 9791,3119339678781,033
Operating Profit Qtr Cr 244312182181180159
Depreciation Qtr Cr 343427262727
Interest Qtr Cr 757101010
Tax Qtr Cr 21-641413932
Net Profit Qtr Cr 21631012412311493
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 5,7903,644
Operating Expenses Annual Cr 4,6693,017
Operating Profit Annual in Cr 1,038539
Depreciation Cr 136106
Interest Annual Cr 3640
Tax Annual Cr 156101
Net Profit Annual Cr 793380
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 908-290
Cash from Investing Activity Annual Cr -466425
Cash from Financing Annual Activity Cr -457-146
Net Cash Flow Annual Cr -16-11
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,7063,602
Fixed Assets Annual Cr 2,0251,752
Total Non Current Assets Annual Cr 2,5892,792
Total Current Assets Annual Cr 3,1952,299
Total Assets Annual Cr 5,7845,091
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 351538
ROE Annual % 1711
ROCE Annual % 1912
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2018
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,2231,6331,3381,4111,3341,419
Operating Expenses Qtr Cr 9791,3111,0921,1641,1081,244
Operating Profit Qtr Cr 244321246250226175
Depreciation Qtr Cr 343435343535
Interest Qtr Cr 769131117
Tax Qtr Cr 21-7241413932
Net Profit Qtr Cr 20737017217715399
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 5,8054,311
Operating Expenses Annual Cr 4,6763,588
Operating Profit Annual in Cr 1,040612
Depreciation Cr 138138
Interest Annual Cr 3851
Tax Annual Cr 156101
Net Profit Annual Cr 765380
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 912-287
Cash from Investing Activity Annual Cr -382565
Cash from Financing Annual Activity Cr -542-291
Net Cash Flow Annual Cr -12-13
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4,7883,697
Fixed Assets Annual Cr 2,0292,148
Total Non Current Assets Annual Cr 2,6512,741
Total Current Assets Annual Cr 3,2082,647
Total Assets Annual Cr 5,8595,388
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 356552
ROE Annual % 1610
ROCE Annual % 1913
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2017

Maharashtra Seamless Technicals

EMA & SMA

Current Price
₹578.2
-1.35 (-0.23%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹557.14
  • 50 Day
  • ₹525.47
  • 100 Day
  • ₹489.69
  • 200 Day
  • ₹443.83
  • 20 Day
  • ₹559.72
  • 50 Day
  • ₹516.94
  • 100 Day
  • ₹487.45
  • 200 Day
  • ₹416.55

Maharashtra Seamless Resistance and Support

PIVOT
₹581.77
Resistance
First Resistance ₹588.44
Second Resistance ₹598.67
Third Resistance ₹605.34
RSI 61.22
MFI 68.33
MACD Single Line 19.3
MACD 18.28
Support
First Resistance ₹571.54
Second Resistance ₹564.87
Third Resistance ₹554.64

Maharashtra Seamless Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 222,266 10,386,490 46.73
Week 244,803 11,686,883 47.74
1 Month 475,245 23,819,289 50.12
6 Month 445,483 24,363,481 54.69

Maharashtra Seamless Result Highlights

Maharashtra Seamless Synopsis

NSE-Steel-Producers

Maha. Seamless belongs to the Industry of Steel - Seamless Tubes. Company’s Total Operating Revenue is Rs. 5707.13 Cr. and Equity Capital is Rs. 67.00 Cr. for the Year ended 31/03/2023. Maharashtra Seamless Ltd. is a Public Limited Listed company incorporated on 10/05/1988 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1988PLC080545 and registration number is 080545.
Market Cap 7,748
Sales 5,108
Shares in Float 4.29
No of funds 131
Yield 0.86
Book Value 1.65
U/D Vol ratio 1.9
LTDebt / Equity 3
Alpha 0.13
Beta 1.01

Maharashtra Seamless

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 67.8%67.8%67.63%67.25%
Mutual Funds 2.69%2.57%2.65%3.08%
Foreign Portfolio Investors 5.96%2.84%3.08%2.67%
Financial Institutions/ Banks
Individual Investors 12.38%14.34%13.53%13.62%
Others 11.17%12.45%13.11%13.38%

Maharashtra Seamless Management

Name Designation
Mr. D P Jindal Chairman
Mr. Saket Jindal Managing Director
Mr. Raghav Jindal Joint Managing Director
Mr. S P Raj Director
Mr. P N Vijay Director
Mr. Ashok Bhandari Director
Mr. Sanjeev Rungta Director
Dr. Roma Kumar Director

Maharashtra Seamless Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Maharashtra Seamless Corporate Action

Date Purpose Remarks
2023-08-01 Quarterly Results
2023-05-26 Audited Results & Dividend
2023-01-23 Quarterly Results
2022-10-17 Qtr Results, Bonus issue & Stock Split
2022-07-25 Quarterly Results
Date Purpose Remarks
2023-08-14 FINAL Rs.5.00 per share(100%)Dividend
2022-09-08 FINAL Rs.5.00 per share(100%)Dividend
2021-09-15 FINAL Rs.3.50 per share(70%)Final Dividend
Date Purpose Remarks
2022-11-28 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 5/-. (RD & XB dates has been revised)

Maharashtra Seamless MF Shareholding

Name Amount(cr)
HSBC Small Cap Fund Fund Regular Growth 11549
HSBC Flexi Cap Fund - Growth 3534
HSBC Multi Cap Fund Regular Growth 1658
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 324
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Maharashtra Seamless FAQs

What is Share Price of Maharashtra Seamless ?

Maharashtra Seamless share price is ₹578 As on 25 September, 2023 | 22:36

What is the Market Cap of Maharashtra Seamless ?

The Market Cap of Maharashtra Seamless is ₹7747.8 Cr As on 25 September, 2023 | 22:36

What is the P/E ratio of Maharashtra Seamless ?

The P/E ratio of Maharashtra Seamless is 8.4 As on 25 September, 2023 | 22:36

What is the PB ratio of Maharashtra Seamless ?

The PB ratio of Maharashtra Seamless is 1.6 As on 25 September, 2023 | 22:36

Q2FY23