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Mahamaya Steel Industries Limited
Share Price Target & Analysis

NSE:MAHASTEEL

220.43

VWAP

215

Open

221.54

Close

223.9

High

210.5

Low

229

52 Week High

222.31 ⇧
0.77 (0.35%)

MAHASTEEL

(METALS)
95.6% Momentum

Trending & Favourite

76

52 Week Low

2.19

EPS

35.04

PE

2.75

PB

Economical
Quality

Diamond
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 222.31, 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 2.19. NSE:MAHASTEEL book value per share as of today is 80.8. The current price to book ratio for MAHASTEEL as of Nov 23, 2024 is 2.75.

Valuation of the Stock: The current valuation of MAHASTEEL stock is like Diamond which means currently the stock is Very Expensive. 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 45.58% is very crucial parameter which shows that 45.58% investors are anticipating that the price of MAHASTEEL share should go up with VWAP at 220.43.

Now, the main question is whether to BUY or SELL, NSE:MAHASTEEL at current valuation.
As per latest Analysis No. #846:-

⇑ 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 (Nov 23, 2024)

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

Mahamaya Steel Industries Limited share price moved Up by 0.35% from its previous close of Rs 221.54. MAHASTEEL stock last traded price is 222.31. MAHASTEEL share price trend is Up with a total of 8746 stocks traded till now. It has touched an intraday high of Rs 223.9 and an intraday low of Rs 210.5. The MAHASTEEL trading at 222.31, Up by Rs. 0.77, or 0.35 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 0.35%. MAHASTEEL share price short term trend is Up. It suggests that MAHASTEEL Share Price for Tomorrow remains the same with VWAP at 220.43 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

 222.31

MAHASTEEL Share Price Target Prediction for 2024 ^

 147 - 230.1

MAHASTEEL Share Price Target Prediction for 2025*^

 230.1 - 245.2

MAHASTEEL Share Price Target Prediction for 2026*^

 245.2 - 262.4

MAHASTEEL Share Price Target Prediction for 2027*^

 276

MAHASTEEL Share Price Target Prediction for 2028*^

 283

MAHASTEEL Share Price Target Prediction for 2030*^

 309
MAHASTEEL Current Book Value 2023
80.4

*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: @223.62

MAHASTEEL Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 221.8 BUY 221.54 BUY
MA_12 220.38 BUY 219.5 BUY
MA_20 217.03 BUY 217.4 BUY
MA_32 214.55 BUY 211.31 BUY
MA_50 208.77 BUY 202.45 BUY
MA_100 172.46 BUY 182.32 BUY
MA_200 137.81 BUY 148.48 BUY

MAHASTEEL Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 217.03 Uptrend
MACD -0.48 SELL
ADX 19.75 NO or Weak Trend
DMI (+/-) 10.83 / 20.66 Downtrend

MAHASTEEL Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 58.25 Neutral
STOCHASTIC_K (Fast) 77.28 Neutral
STOCHASTIC_D (Slow) 70.27 Neutral
CCI 17.64 Neutral
PSAR 228.68 SELL
TRUE RANGE 15.98 Neutral
ATR 9.94 Neutral
WILLIAMS R -14.41 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 73.28 Neutral
STOCHASTIC RSI D 49.77 Neutral
MOMENTUM 5.62 BUY

MAHASTEEL Last 1 Year Trend

Duration Value
1 Year 183.06%
3 Months 88.12%
1 Month 2.58%
1 Week 3.7%

MAHASTEEL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 57%
NEUTRAL / HOLD 33%
SELL 10%

Most popular Questions & Answers about MAHASTEEL


Mahamaya Steel Industries Limited stock last traded price is 222.31. MAHASTEEL share price moved Up by 0.35% from its previous close of Rs 221.54.

Mahamaya Steel Industries Limited share price trend is Up with a total of 8746 stocks traded till now. It has touched an intraday high of Rs 231.29 and an intraday low of Rs 210.5. The MAHASTEEL trading at 222.31, Up by Rs. 0.77, or 0.35 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 220.43.

The market cap of Mahamaya Steel Industries Limited is ₹120.9 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Mahamaya Steel Industries Limited as of Nov 22, 2024 is 35.04.

The current price to book ratio for Mahamaya Steel Industries Limited as of Nov 22, 2024 is 2.75.

The highest price of Mahamaya Steel Industries Limited stock is ₹229 in the last 52-week.

The lowest price of Mahamaya Steel Industries Limited stock is ₹76 in the last 52-week.

Mahamaya Steel Industries Limited share trading at ₹222.31, Up by Rs. 0.77, or 0.35 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 ₹147 on downside and ₹230.1 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 ₹230.1 on downside and ₹245.2 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 ₹245.2 on downside and ₹262.4 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 ₹283 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.

The price of Mahamaya Steel Industries Limited (MAHASTEEL) shares moved by 0.35%. The short-term trend for MAHASTEEL share price is Up. It implies that the share price of MAHASTEEL will stay the same tomorrow and that intraday traders should treat VWAP at 220.43 as a stop loss. Investors with a long-term outlook can track MAHASTEEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of MAHASTEEL stock is 26.3. Compared to the current market price of 222.31 INR, the MAHASTEEL stock is Overvalued by 88.2%.

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 2.19. Mahamaya Steel Industries Limited book value per share as of today is 80.8. The current price to book ratio for MAHASTEEL as of Nov 23, 2024 is 2.75.


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 202.16 5.51 58.41
MAHASTEEL 222.31 2.19 80.8
TATASTLBSL 0.00 0 25.88
Updated at: 22 Nov 2024 15:50

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