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Mahamaya Steel Industries Ltd (MAHASTEEL)

₹102.191.21%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹98.99
    ₹104.65
  • 52 Week's Low

    52 Week's High

    ₹63.9
    ₹144.45
1 Month Return-3.48 %
3 Month Return-7.24 %
1 Year Return+ 45.81 %
Previous Close₹100.97
Open₹100.97
Volume23.71K
Upper Circuit-
Lower Circuit-
Market Cap₹165.94Cr

Key Statistics

P/E Ratio24.69
PEG Ratio31.65
Market Cap₹165.94 Cr
P/B Ratio1.35
EPS4.09

Company Information

Rajesh Strips Ltd is a leading manufacturer of mild steel MS products like channels strips girders and flats. Founded in 1990 and head quartered in Raipur Madhya Pradesh, Rajesh Strips initially went public in February 1994 to finance an expansion program which saw its capacity increase from 50000 tpa to 105000 tpa of steel structurals and 10500 tpa of steel strip coils. To further increase its capacity, the company upgraded its single drive system to a double drive system in 1995-96. Additionally, they successfully implemented a 3 MW power project in 1998-99. Furthermore, a 610 MM Heavy Structural Rolling Mill was set up in 1997-98 at the estimated cost of Rs 17.12 crores. These upgrades have enabled Rajesh Strips to provide more efficiency to its customers while also allowing them to successfully take-over Raipur Ferro Alloys P Ltd and adding their production capabilities to the company through its Casting Division.

Share Price: ₹102.19 per share as on 15 Jul, 2024 04:01 PM
Market Capitalisation: ₹165.94Cr as of today
Revenue: ₹197.62Cr as on March 2024 (Q1 24)
Net Profit: ₹1.43Cr as on March 2024 (Q1 24)
Listing date: 01 Jul, 2016
OrganisationMahamaya Steel Industries Ltd
Headquarters
IndustrySteel
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Key events for Mahamaya Steel Industries Ltd

  • Mahamaya Steel Industries Faces Capital Allocation Issues - 11 May, 2024

    Mahamaya Steel Industries' Return on Capital Employed (ROCE) is 5.6%, underperforming the industry average of 15%. The trend of lower returns suggests that the company is not a growth stock, and its stock has fallen by 25% over the last five years.

Insights on Mahamaya Steel Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 26.55% to 26.59% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 181.78 Cr → 199.2 Cr (in ₹), with an average increase of 8.7% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.41% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 155.4% return, outperforming this stock by 142.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 86.9% return, outperforming this stock by 41.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 2.08 Cr → 1.43 Cr (in ₹), with an average decrease of 31.3% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.04% to 0.00% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, MAHASTEEL stock has moved down by -7.2%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹197.62Cr
↑9.64%
Net Income
₹1.43Cr
↓31.25%
Net Profit Margin
0.72%
↓37.39%
2024Y/Y Change
Revenue
₹783.83Cr
↑20.63%
Net Income
₹6.72Cr
↑23.53%
Net Profit Margin
0.86%
↑2.38%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹224.98Cr
↑2.91%
Total Liabilities
₹83.77Cr
↑3.52%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
₹14.28Cr
↑706.78%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.41%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
26.59%
0.00
Others
0%
0.00

Key Indicators

Mahamaya Steel Industries Ltd Valuation

Mahamaya Steel Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-403.87x)

September 8, 2020

Today (24.69x)

July 12, 2024

Industry (29.78x)

July 12, 2024

Highest (193.37x)

June 15, 2021

LowHigh

Earnings and Dividends

  • Mahamaya Steel Industries Ltd Earnings Results

    Mahamaya Steel Industries Ltd’s net profit jumped 17.21% since last year same period to ₹1.43Cr in the Q4 2023-2024. On a quarterly growth basis, Mahamaya Steel Industries Ltd has generated -31.25% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Mahamaya Steel Industries Ltd Dividends August,2010

    In the quarter ending June 2010, Mahamaya Steel Industries Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.50%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Mahamaya Steel Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Mahamaya Steel Industries Ltd (MAHASTEEL) share price today is ₹102.19

Mahamaya Steel Industries Ltd is listed on NSE

Mahamaya Steel Industries Ltd is listed on BSE

  • Today’s highest price of Mahamaya Steel Industries Ltd is ₹104.65.
  • Today’s lowest price of Mahamaya Steel Industries Ltd is ₹98.99.

PE Ratio of Mahamaya Steel Industries Ltd is 24.69

PE ratio = Mahamaya Steel Industries Ltd Market price per share / Mahamaya Steel Industries Ltd Earnings per share

Today’s traded volume of Mahamaya Steel Industries Ltd(MAHASTEEL) is 23.71K.

Today’s market capitalisation of Mahamaya Steel Industries Ltd(MAHASTEEL) is ₹165.94Cr.

Mahamaya Steel Industries Ltd(MAHASTEELPrice
52 Week High
₹144.45
52 Week Low
₹63.9

Mahamaya Steel Industries Ltd(MAHASTEEL) share price is ₹102.19. It is down -29.26% from its 52 Week High price of ₹144.45

Mahamaya Steel Industries Ltd(MAHASTEEL) share price is ₹102.19. It is up 59.92% from its 52 Week Low price of ₹63.9

Mahamaya Steel Industries Ltd(MAHASTEELReturns
1 Day Returns
1.22%
1 Month Returns
-3.48%
3 Month Returns
-7.24%
1 Year Returns
45.81%