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Mahamaya Steel Industries Limited
Share Price Target & Analysis

NSE:MAHASTEEL

114.47

VWAP

116.05

Open

115.75

Close

118.00

High

110.60

Low

144.45

52 Week High

117.00 ⇧
3.80 (3.36%)

MAHASTEEL

(METALS)
67.1% Momentum

Sideways to Positive

61.05

52 Week Low

2.71

EPS

35.32

PE

1.5

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: MAHASTEEL Share Price Financial Analysis & Valuation

Mahamaya Steel Industries Limited (MAHASTEEL) is broadly categorized in METALS segment industry which deals in Steel - CR & HR Strips vertical. It is one of Micro Cap company with Market Capitalization of Rs 120.9 (in Cr). Total number of free float shares are 1.4 (in Lacs). Mahamaya Steel Industries Limited is listed on NSE with Exchange ID - INE451L01014 and trading code is NSE:MAHASTEEL with short name Mahamaya Steel.

In the past 1 year, Mahamaya Steel Industries Limited has declared an equity dividend of Rs 0 per share. At the current share price of MAHASTEEL at Rs 117.00, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:MAHASTEEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine MAHASTEEL underlying value and future prospects. All of this data is available in MAHASTEEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:MAHASTEEL, it is clearly understood that MAHASTEEL is Economical performer in terms of earnings and profit margins with an EPS of 2.71. NSE:MAHASTEEL book value per share as of today is 77.80. The current price to book ratio for MAHASTEEL as of May 18, 2024 is 1.5.

Valuation of the Stock: The current valuation of MAHASTEEL stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of MAHASTEEL whether to BUY this stock at current valuation. The delivery percentage of MAHASTEEL is 53.71% is very crucial parameter which shows that 53.71% investors are anticipating that the price of MAHASTEEL share should go up with VWAP at 114.47.

Now, the main question is whether to BUY or SELL, NSE:MAHASTEEL at current valuation.
As per latest Analysis No. #702:-

⇑ STRONG BUY MAHASTEEL if All Greens

⇗ BUY MAHASTEEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD MAHASTEEL (With Stop Loss) if only 1 Green

⇘ SELL MAHASTEEL if NO Green Indicator

NSE: MAHASTEEL Share Price Today (May 18, 2024)

(Mahamaya Steel Industries Limited Daily Analysis on the basis of MAHASTEEL Intraday Graph & Trend)

Mahamaya Steel Industries Limited share price moved Up by 3.36% from its previous close of Rs 115.75. MAHASTEEL stock last traded price is 117.00. MAHASTEEL share price trend is Up with a total of 1032 stocks traded till now. It has touched an intraday high of Rs 118.00 and an intraday low of Rs 110.60. The MAHASTEEL trading at 117.00, Up by Rs. 3.80, or 3.36 percent which suggests that most of the Traders are anticipating that the price of MAHASTEEL share should go Up.

NSE: MAHASTEEL Share Price Tomorrow Prediction

(Mahamaya Steel Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of MAHASTEEL)

Mahamaya Steel Industries Limited share price moved Up by 3.36%. MAHASTEEL share price short term trend is Up. It suggests that MAHASTEEL Share Price for Tomorrow remains the same with VWAP at 114.47 will be treated as stop loss for intraday traders. Mahamaya Steel Industries Limited Long term investors can follow the MAHASTEEL long term trend as mentiond in future forecast table.

NSE Code

NSE: MAHASTEEL

MAHASTEEL Share Price Today

 117.00

MAHASTEEL Share Price Target Prediction for 2024 ^

 98.9 - 145.2

MAHASTEEL Share Price Target Prediction for 2025*^

 145.2 - 154.6

MAHASTEEL Share Price Target Prediction for 2026*^

 154.6 - 165.4

MAHASTEEL Share Price Target Prediction for 2027*^

 174

MAHASTEEL Share Price Target Prediction for 2028*^

 179

MAHASTEEL Share Price Target Prediction for 2030*^

 195
MAHASTEEL Current Book Value 2023
77.4

*Mahamaya Steel Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^MAHASTEEL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

MAHASTEEL Technical Analysis

Candlestick Pattern: @114.95

MAHASTEEL Moving Averages

BUY (12) NEUTRAL (0) SELL (2)
MA Simple Action S1 Expo Action E2
MA_5 117.45 SELL 116.15 SELL
MA_12 114.42 BUY 114.62 BUY
MA_20 111.97 BUY 113.16 BUY
MA_32 109.41 BUY 111.41 BUY
MA_50 107.48 BUY 110.14 BUY
MA_100 111.79 BUY 106.53 BUY
MA_200 91.75 BUY 95.94 BUY

MAHASTEEL Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 111.97 Uptrend
MACD 0.32 BUY
ADX 27.09 Strong Trend
DMI (+/-) 24.51 / 10.71 Uptrend

MAHASTEEL Momentum Oscillators

BUY (2) NEUTRAL (7) SELL (3)
Momentum Oscillators Value Action
RSI 55.73 Neutral
STOCHASTIC_K (Fast) 6.2 Oversold
STOCHASTIC_D (Slow) 23.91 Neutral
CCI 30.37 Neutral
PSAR 111.86 BUY
TRUE RANGE 6.3 Neutral
ATR 5.93 Neutral
WILLIAMS R -65.43 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 3.53 Oversold
STOCHASTIC RSI D 1.18 Oversold
MOMENTUM 1.5 BUY

MAHASTEEL Last 1 Year Trend

Duration Value
1 Year 85.55%
3 Months -18.13%
1 Month 1.32%
1 Week -4.01%

MAHASTEEL Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 23%
SELL 17%

Most popular Questions & Answers about MAHASTEEL


Mahamaya Steel Industries Limited stock last traded price is 117.00. MAHASTEEL share price moved Up by 3.36% from its previous close of Rs 115.75.

Mahamaya Steel Industries Limited share price trend is Up with a total of 1032 stocks traded till now. It has touched an intraday high of Rs 145.8945 and an intraday low of Rs 110.60. The MAHASTEEL trading at 117.00, Up by Rs. 3.80, or 3.36 percent which suggests that most of the Traders are anticipating that the price of MAHASTEEL share should go Up and the Stop Loss will be around 114.47.

The market cap of Mahamaya Steel Industries Limited is ₹120.9 (in Cr) as of May 17, 2024.

The current price to earning ratio for Mahamaya Steel Industries Limited as of May 17, 2024 is 35.32.

The current price to book ratio for Mahamaya Steel Industries Limited as of May 17, 2024 is 1.5.

The highest price of Mahamaya Steel Industries Limited stock is ₹144.45 in the last 52-week.

The lowest price of Mahamaya Steel Industries Limited stock is ₹61.05 in the last 52-week.

Mahamaya Steel Industries Limited share trading at ₹117.00, Up by Rs. 3.80, or 3.36 percent which suggests that most of the traders are anticipating that the price of MAHASTEEL share should go Up.

In 2023, Stock price target for Mahamaya Steel Industries Limited (MAHASTEEL) are ₹98.9 on downside and ₹145.2 on upside. Mahamaya Steel Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Mahamaya Steel Industries Limited (MAHASTEEL) are ₹145.2 on downside and ₹154.6 on upside. Mahamaya Steel Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Mahamaya Steel Industries Limited (MAHASTEEL) are ₹154.6 on downside and ₹165.4 on upside. Mahamaya Steel Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Mahamaya Steel Industries Limited (MAHASTEEL) will be around ₹179 Mahamaya Steel Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of MAHASTEEL.

As per the fundamental analysis of Mahamaya Steel Industries Limited (MAHASTEEL), it is of Economical quality in terms of earnings and profit margins with an EPS of 2.71. Mahamaya Steel Industries Limited book value per share as of today is 77.80. The current price to book ratio for MAHASTEEL as of May 18, 2024 is 1.5.


NSE:MAHASTEEL News & Other Useful Information about MAHASTEEL Share Price


Peer Comparison of NSE: MAHASTEEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - CR & HR Strips

Company Price EPS BV
PENIND 135.75 4.02 54.17
MAHASTEEL 117.00 2.71 77.8
TATASTLBSL 0.00 0 25.88
Updated at: 17 May 2024 15:53

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