MAHASTEELMahamaya Steel Industries Limited
Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)
Mahamaya Steel Industries Limited engages in the manufacture and sale of steel structures products in India. The company provides I-beams, angles, H-beams, joists, channels, billets, blooms, rounds, squares, flats, railway sleepers, strips, girders, sponge iron, pig iron, end cutting, angle, scrap, coal, and other related products for construction, automobile, railway, and power industries. The company was formerly known as Rajesh Strips Limited and changed its name to Mahamaya Steel Industries Limited in 2009. Mahamaya Steel Industries Limited was incorporated in 1988 and is based in Raipur, India.
Price & Volume
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Key Ratios
“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.
Active Pattern Signals
The picture
- • Profit growth: 75.8% YoY
- • Debt/Equity: 0.40
- • Promoter holding: 85.1%
- • RSI: 59
- • Price vs EMA21: above
- • Price vs SMA50: above
- • Pullback to 21-EMA signal (setup quality 79%)
Bull case
- • Profit growth: 75.8% YoY
- • Debt/Equity: 0.40
- • Promoter holding: 85.1%
- • RSI: 59
Bear case
- • ROE: 6.0%
- • ROCE: 6.8%
- • MACD: bearish
- • Volume: 0.2x 20-day average
Key risks
- • Elevated volatility / drawdown profile — size positions accordingly
- • Weak fundamentals — technical strength may not sustain
- • ROE: 6.0%
- • ROCE: 6.8%
Algorithmic analysis for research only — not SEBI-registered investment advice.
Trade Plan
Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹74.62). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.