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MAHSEAMLESMaharashtra Seamless Limited

Metals · Steel · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

584.70
0.73%
42Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)7,893.90
P/E11.39
P/B1.15
PEG
ROE %10.61
ROCE %8.30
Debt / Equity0.00
EPS51.73
Revenue Growth %-12.80
Profit Growth %-50.20
Dividend Yield %1.70
Promoter Holding %72.16
FII Holding %7.03
DII Holding %
Beta0.01

“—” 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

Double TopSHORT64%584.70661.50514.500.91
AVOIDConviction 67%

Why avoid

  • A bearish pattern is active and overall evidence is mixed
  • Revenue growth: -12.8% YoY
  • Profit growth: -50.2% YoY
  • RSI: 40
  • MACD: bearish
  • Double Top bearish signal (setup quality 64%)

Bull case

  • Debt/Equity: 0.00
  • Promoter holding: 72.2%
  • Valuation vs sector: P/E 11.4 vs sector 22.8
  • Price vs SMA200: above

Bear case

  • Revenue growth: -12.8% YoY
  • Profit growth: -50.2% YoY
  • RSI: 40
  • MACD: bearish

Key risks

  • Momentum is fading versus the broader market
  • Revenue growth: -12.8% YoY
  • Profit growth: -50.2% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹584.70
Stop Loss
₹570.44
risk 2.4%
Target 1 (1.5R)
₹606.09
+3.7%
Target 2 (3R)
₹627.49
+7.3%
Support (20d)
₹576.20
Resistance (52w)
₹737.82
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹14.26/share
ATR (volatility)
₹14.37
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹14.37). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
47
Technical
36
Momentum
30
Risk (safety)
64

Peers — Metals

SHYAMMETL 3.18%
80
JGCHEM 9.82%
77
MBAPL 6.86%
77
LLOYDSME 2.28%
76
GSPCROP 0.47%
74
WELCORP 2.17%
73

About

Maharashtra Seamless Limited engages in the manufacture and sale of seamless steel pipes and tubes in India. The company operates through three segments: Steel Pipes & Tubes, Power – Electricity, and RIG. It offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, such aas 3 layer polyethylene coated pipes, fusion bonded epoxy coated pipes, 3 layer polypropylene coated pipes, and internal epoxy coating pipes. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 5MW solar power plant in Pokaran, District Jaisalmer Rajasthan and 7 MW wind power project in Maharashtra. Its products are used in the oil and gas, hydrocarbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. The company was incorporated in 1988 and is headquartered in New Delhi, India.